Government Can Relax NFRA Rules 2018 for Chairperson and Members' Appointments When Necessary, With Written Justification
The Central Government holds the authority to relax provisions within the National Financial Reporting Authority Rules, 2018, concerning the appointment and service conditions of the Chairperson and Members. This power can be exercised when deemed necessary or expedient, and any relaxation must be accompanied by a written order detailing the reasons for such a decision. This provision allows flexibility in the application of the rules to specific classes or categories of persons.
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