MCA | Members advised to file Form NFRA-2 Annual Return as prescribed under Rule 3 (1) of NFRA Rules, 2018



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The Institute of Chartered Accountants of India (ICAI) is reminding its members of the crucial requirement to file the Form NFRA-2 Annual Return. This is mandated under Rule 3(1) of the NFRA Rules, 2018. The National Financial Reporting Authority (NFRA) has compiled a database of companies and their auditors as of 31st March 2021, which is available on the NFRA website. Members are urged to refer to this database and ensure timely compliance.

Corporate Laws Corporate Governance Committee The Institute of Chartered Accountants of India 2nd March, 2022 ANNOUNCEMENT Sub: Regarding referring the Database of Companies and Auditors under NFRA domain as on 31st March, 2021 as prescribed by the Central Government under Rule 3 (1) of NFRA Rules, 2018 and Advise to file Form NFRA-2- Annual Return. We would like to inform you that National Financial Reporting Authority (NFRA) has prepared a database as of 31st March, 2021 of compani
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FAQ :

Members are advised to file Form NFRA-2, which is the Annual Return prescribed under Rule 3(1) of the NFRA Rules, 2018.

The advisory has been issued by the Corporate Laws & Corporate Governance Committee of The Institute of Chartered Accountants of India (ICAI).

The NFRA database, as of 31st March 2021, contains details of companies prescribed under Rule 3(1) of the NFRA Rules, 2018, and their statutory auditors.

The NFRA database can be accessed on the official NFRA website at https://nfra.gov.in/

The primary source of the data is the master data of companies from the Ministry of Corporate Affairs (MCA) database, specifically MCA 21.

Yes, previous announcements were made on the ICAI website and journal on 28th October 2021, and via email on 7th May 2021, advising members to file Form NFRA-2 for FY 2018-19 and FY 2019-20.




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