Ministry of Corporate Affairs (MCA) notifies National Financial Reporting Authority (NFRA) to come into force from October 1, 2018.
NFRA mandated to act as an independent regulator for the auditing profession.
Refer to the Notification:
MINISTRY OF CORPORATE AFFAIRS NOTIFICATION
New Delhi, the 1st October, 2018
S.O. 5098(E).—In exercise of the powers conferred by sub-section (3) of Section 1 of the Companies Act, 2013 (18 of 2013), the Central Government hereby appoints the 1st October, 2018 as the date on which the provisions of sub-sections (1) and (12) of Section 132 of the said Act shall come into force.
[F. No. 1/4/2016-CL-I]
K.V. R. MURTY, Jt. Secy.Tags : mcaCorporate Law