May 24, 2019

The Ministry of Corporate Affairs (MCA) on May 22, 2019, has published the Companies National Financial Reporting Authority (Meeting for Transaction of Business) Rules, 2019. These Rules will come into force on the date of its publication in the Official Gazette.

 All the meetings for transaction of business of the Authority will be held at its head office situated in New Delhi for the purpose of discharging its functions. 

In any situation not provided in these rules, the chairperson in writing the reason may determine the procedure in certain circumstances. No act or proceeding of the Authority shall be invalid merely by reason of any irregularities in the procedure of the Authority not affecting the merits of the case.

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