Outsourcing of work of Technical Scrutiny of Balance Sheets

Empanelment of members for undertaking the work of Technical Scrutiny of Balance Sheets outsourced by ROCs

The Institute has received an Office Memorandum (OM) from the Ministry of Corporate Affairs intimating about the outsourcing of the work of Technical Scrutiny of Balance Sheets filed with ROCs under the Companies Act 1956. The Registrar of Companies will prepare a panel of professionals in consultation with local chapters / unit of the Professional Institutes and obtain prior approval of concerned Regional Director. The Scheme of outsourcing the work will be for the financial year 2009-10. The details of the Scheme specifying the eligibility criteria, mode of application, Procedure to be followed by the ROC for outsourcing of work, is provided in the Office Memorandum issued by the Ministry.

It has been decided to forward a panel of the members of the Institute to the Ministry of Corporate Affairs.

Procedure for Registration for the empanelment:

The practicing members of the Institute who are interested to undertake the work of Technical Scrutiny of Balance Sheets may email the details in the prescribed format to technical @ icwai.org with the subject “Empanelment for Technical Scrutiny of Balance Sheets” latest by 11th November 2009.