MP High Court: Estranged Husband Entitled to Loss of Consortium Compensation After Wife’s Death  ||  J&K & Ladakh HC: Claims under Roshni Act Void Ab Initio, Ownership Rights Null from Inception  ||  Madras High Court Directs Expedited Trials in 216 Pending Criminal Cases Against MPs and MLAs  ||  MP High Court: Allowing Minor to Drive Without Valid License Constitutes Breach of Insurance Policy  ||  Punjab & Haryana High Court: Cyber Fraud Cases Uphold Public Trust, Cannot Be Quashed by Compromise  ||  SC: Customer-Banker Relationship Based on Mutual Trust, Postmaster’s Reinstatement Quashed  ||  Supreme Court: Company Buying Software for Efficiency and Profit Is Not a ‘Consumer’ under CPA  ||  SC: Long Custody or Trial Delay Not Ground for Bail in Commercial Narcotic Cases if S.37 Unmet  ||  Calcutta HC Disqualifies Politician Mukul Roy from Assembly under Anti-Defection Law  ||  Supreme Court Bans Mining in and Around National Parks and Wildlife Sanctuaries    

RBI prescribes format for SAC to be submitted by NBFCs- (Reserve Bank of India) (23 Jun 2016)

MANU/DNBS/0007/2016

Banking

The Reserve Bank of India introduced a uniform format for the statutory auditor certificate. Non-Banking Financial Corporations will need to fill out the information in COSMOS, from where the SAC will be uploaded.

All NBFCs are required to submit annually a certificate from their statutory auditors to the effect that they are continuing to engage in NBFI business under Section 45-IA of the Reserve Bank of India Act.

Tags : STATUTORY AUDITOR   CERTIFICATE   NBFI  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved