Question

Which section of the Companies Act delas with the Constitution of the National Financial Reporting Authority?

A Section 128 Correct Answer Incorrect Answer
B Section 129 Correct Answer Incorrect Answer
C Section 132 Correct Answer Incorrect Answer
D Section 137 Correct Answer Incorrect Answer

Solution

Section 132. Constitution of National Financial Reporting Authority- (1) The Central Government may, by notification, constitute a National Financial Reporting Authority to provide for matters relating to accounting and auditing standards under this Act.

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