MCA Amendment to Companies (Audit and Auditors) Rules, 2014 demand more Transparency and Disclosures
Ministry of Corporate Affairs vide Notification G.S.R. 206(E) dated 24th March 2021, introduced an amendment to the Rule 11 of the Companies (Audit and Auditors) Rules, 2014. These rules are called as Companies (Audit and Auditors) Amendment Rules, 2021 and they shall come into force from 1st April 2021. Vide this amendment notification the MCA omitted clause (d) of Rule 11 and inserted three new clauses i.e. clause (e), clause (f) and clause (g)....