Constitution of National Financial Reporting Authority.

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....licies and standards for adoption by companies or class of companies or their auditors, as the case may be;           (ii) monitor and enforce the compliance with accounting and auditing standards recommended by it in such manner as may be prescribed;           (iii) oversee the quality of service of the professions associated with ensuring compliance with such standards, and suggest measures required for improvement in quality of services and such other related matters as may be prescribed; and           (iv) perform such other functions as may be prescribed.      (3) The National Financial....

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.... Company Secretaries Act, 1980 (56 of 1980. ) respectively or any other profession as may be prescribed:                Provided that no other institute or body shall initiate or continue any proceedings in such matters of misconduct where the National Financial Reporting Authority has initiated an investigation under this section;           (ii) have the same powers as are vested in a civil court under the Code of Civil Procedure, 1908, (5 of 1908. ) while trying a suit, in respect of the following matters, namely:-                (a) discovery and production of books of ac....

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....Accountants Act, 1959 (23 of 1959. ) and under section 22A of the Company Secretaries Act, 1980 (56 of 1980.) shall be deemed to the appellate authority against any order made by the National Financial Reporting Authority and any person aggrieved by any order of the National Financial Reporting Authority shall have the right to appeal before the appellate authority in such manner as may be prescribed.           Explanation.- For the purposes of this section, the expression "professional or other misconduct" shall have the same meaning respectively assigned to it under section 22 of the Chartered Accountants Act, 1949, (38 of 1949. ) the Cost and Works Accountants Act, 1959 (23 of 1959. ) and the Co....