Inquiry procedure for alleged misbehavior or incapacity of a chairperson or member: preliminary scrutiny, committee inquiry, report. A written complaint prompts preliminary scrutiny by the Ministry of Corporate Affairs; if reasonable grounds exist the Ministry refers the matter to the ... Summary
National Financial Reporting Authority (Manner of Appointment and other Terms and Conditions of Service of Chairperson and Members) Rules, 2018
Inquiry procedure for alleged misbehavior or incapacity of a chairperson or member: preliminary scrutiny, committee inquiry, report.
A written complaint prompts preliminary scrutiny by the Ministry of Corporate Affairs; if reasonable grounds exist the Ministry refers the matter to the inquiry committee (with excluded members where interested). The committee must complete the inquiry within the prescribed period (extendable by the Central Government), submit a report stating findings and reasons on each charge, and conduct proceedings guided by principles of natural justice while regulating its own procedure.
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