Question
ICAI’s central council has approved formation of a
Self-Regulatory Organisation for Social Stock Exchange. It would be set up as a _____________ company under the Companies Act 2013.Solution
ICAI’s central council has given approval to the formation of a Self-Regulatory Organisation (SRO) for Social Stock Exchange. It will be set up as a Section 8 company under the Companies Act 2013 under the aegis of ICAI. SRO will be named as “Institute of Social Auditors of India”.
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