https://www.taxtmi.com/news?id=13271 Inspection under section 209A found multiple breaches of accounting, disclosure and governance provisions and auditor reporting obligations; the Ministry instructed the Registrar of Companies to permit filing of compounding applications and to proceed with prosecution if applications are not filed within the prescribed time, referred auditor matters to the professional institute for disciplinary action, and forwarded findings to the tax authority and nominee directors for further action. en-us Fri, 08 Aug 2014 17:18:00 +0530 Fri, 08 Aug 2014 17:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=13271 Inspection under section 209A found multiple breaches of accounting, disclosure and governance provisions and auditor reporting obligations; the Ministry instructed the Registrar of Companies to permit filing of compounding applications and to proceed with prosecution if applications are not filed within the prescribed time, referred auditor matters to the professional institute for disciplinary action, and forwarded findings to the tax authority and nominee directors for further action. News - Fri, 08 Aug 2014 17:18:00 +0530 https://www.taxtmi.com/news?id=13271