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Upholds Validity of NFRA Rules and Section 132 of Companies Act: “Transparency and Accountability in Auditing Profession Are Essential and Neither Arbitrary Nor Ultra Vires”

Home - Upholds Validity of NFRA Rules and Section 132 of Companies Act: "Transparency and Accountability in Auditing Profession Are Essential and Neither Arbitrary Nor Ultra Vires"

Delhi High Court Upholds Validity of NFRA Rules and Section 132 of Companies Act: "Transparency and Accountability in Auditing Profession Are Essential and Neither Arbitrary Nor Ultra Vires"
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Delhi High Court Upholds Validity of NFRA Rules and Section 132 of Companies Act: “Transparency and Accountability in Auditing Profession Are Essential and Neither Arbitrary Nor Ultra Vires”

1. Court’s Decision: The Delhi High Court upheld the validity of Section 132(4) of the Companies Act, 2013, and the National Financial Reporting Authority (NFRA) Rules, 2018. It dismissed all…
Posted by Rawlaw February 14, 2025

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