Search Results for Tag : Financial reporting

International Cases

Court has power to extend time where statutory pre-requisites are met but power must be exercised having regard to interests of all parties affected(16.03.2020)

The Plaintiffs seek relief under Section 1322(4)(d) of the Corporations Act, 2001 from compliance with financial reporting and lodgement obligations .....

Tags : Financial reporting, Time, Extension

Court can make an order under Section 1322(4)(a) of the Corporations Act relieving a person from civil liability provided the person concerned acted honestly(28.01.2022)

The Plaintiff, by way of originating process seeks relief under Section 1322(4)(a) of the Corporations Act, 2001 from compliance with its financial re.....

Tags : Financial reporting, Obligations, Reliefs

Court can relieve a person from civil liability provided that the person concerned acted honestly(28.01.2022)

The Plaintiff has sought the relief under Section 1322(4)(a) of the Corporations Act, 2001 from compliance with its financial reporting and lodgment o.....

Tags : Compliance with Financial reporting, Civil liability

News

MCA Notifies Penalty for Non-Compliance With NFRA Rules(22.06.2022)

Ministry of Corporate Affairs (MCA) has notified that the non-compliance with the National Financial Reporting Authority Rules (NFRA), 2018 would attr.....

Tags : Ministry of Corporate Affairs, National Financial Reporting Authority Rules, Penalty

NFRA: Chartered Accountant Penalized with One Lakh Rupees Fine for Professional Misconduct(24.06.2022)

National Financial Reporting Authority (NFRA) has penalized chartered accountant with a fine of one lakh rupees for professional misconduct and debarr.....

Tags : National Financial Reporting Authority, Professional Misconduct, Chartered Accountant