Central Government appoints NFRA Chairperson and three full-time members under section 132(3); terms per NFRA Rules, 2018

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....The Central Government appointed the Chairperson and three full-time members of the National Financial Reporting Authority effective 23 July 2025, each to hold office for three years or until reaching sixty-five years of age, whichever is earlier. Their terms and conditions of service are governed by the National Financial Reporting Authority (Manner of Appointment and other Terms and Conditions of Service of Chairperson and Members) Rules, 2018, and the appointments were made under sub-section (3) of section 132 of the Companies Act, 2013.....