The Indian government has appointed Rafanit Core, the current head of the Competition Committee in India, as a temporary head of the National Financial Organizational Organization (NFRA) for a period of three months starting from April 1, 2025.
This decision comes after the duration of former NFRA president Ajay Bouchhan Pandness on March 31, PTI reported.
Core as the fifth president of CCI.
It worked on anti -competition behavior in various sectors, including drugs, cars, media, entertainment and aviation.
In its new role in NFRA, it will focus on organizing auditing companies for listed companies.
NFRA, which was established on October 1, 2018, under the Law of Companies, 2013, is currently moving through legal challenges related to the separation of its functions and disciplinary functions.
The Supreme Court issued a temporary order allowing NFRA to continue its investigations, as no audit review review reports have been prepared, and final requests are suspended.
Kaur's background includes roles as a joint secretary in the Ministry of Industrial Policy and Promotion, President and Administrative Director of India Tourism Development, and the main secretary in various sections of the Punjab government.
She has also held positions in financial services and economic affairs and non -investment and was associated with multiple organizations such as COMMUNICATIONS PUNJAB, Exim Bank and India Bantantructure Finance Companyy.
Its international experience includes working as a consultant at the International Food Policy Research Institute in Washington, DC and Kzamil in Hubert Humphrey at Cornell University in the United States.
The date comes at the same time as the five major audit companies were in India Recent concerns about NFRA operational methods, indicating possible conflicts with the Corporate Law of 2013.
These companies have highlighted issues related to the NFRA executive body that perform both review and disciplinary procedures, which they believe can affect neutrality and objective evaluation.
“The Indian government appoints Ravneet Kaur as the temporary NFRA president” was originally created and published by AccountantThe brand owned by Globaldata.
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