NFRA was constituted on 1 October 2018 by the Government of India under sub-section (1) of Section 132 of the Companies Act, 2013.
What they do
Recommends accounting and auditing policies and standards for companies, monitors and enforces compliance with them, and oversees the quality of service of the professions that support that compliance. Its website has menu sections for NFRA orders and debarments.
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