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Monday, January 6, 2020

Audit reports must for sections of private firms effective FY21

Audit reports must for sections of private firms effective FY21
Under the Companies (appointment and remuneration of managerial personnel) Rules, 2020, which will come into effect from April 1, 2020, a private company that has a paid-up share capital of Rs 10 crore or more would have to have a company secretary (CS) on its rolls.

Source: TFE