https://www.taxtmi.com/news?id=13142 Partial commencement of the Companies Act, 2013 led the Government to issue circulars, statutory orders and Rules amendments to provide transitional relief and resolve practical difficulties; legislative amendments will be considered if these measures are inadequate. The Government sought the Institute of Chartered Accountants of India's view on feasible criteria for thresholds requiring auditors to report frauds or suspected frauds, and confirmed protection for Independent Directors under Section 149(12) where matters did not occur with their knowledge, consent or connivance or where they acted diligently. en-us Tue, 22 Jul 2014 17:40:04 +0530 Tue, 22 Jul 2014 17:40:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=13142 Partial commencement of the Companies Act, 2013 led the Government to issue circulars, statutory orders and Rules amendments to provide transitional relief and resolve practical difficulties; legislative amendments will be considered if these measures are inadequate. The Government sought the Institute of Chartered Accountants of India's view on feasible criteria for thresholds requiring auditors to report frauds or suspected frauds, and confirmed protection for Independent Directors under Section 149(12) where matters did not occur with their knowledge, consent or connivance or where they acted diligently. News - Tue, 22 Jul 2014 17:40:04 +0530 https://www.taxtmi.com/news?id=13142