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The latest edition of the Monthly GAAP Bulletin that summarises significant accounting, auditing and regulatory updates

Grant Thornton Bharat viewpoint on recent SEBI amendments to regulatory provisions on related party transactions

Corporate governance has taken centre stage in India due to the extent and propensity of risks in the present business environment and the case for enhanced governance mechanisms being echoed from regulators and stakeholders alike. In this scenario, it is imperative for businesses to reconsider their governance mechanisms and not treat the subject as merely a check-in-the-box exercise. The agenda of ethics, compliance and crisis management requires boards to act swiftly, and independent directors play an integral part in the process.

Grant Thornton in India presents a monthly bulletin that summarises significant accounting, auditing and related updates, to meet the needs of dynamic Indian businesses, capturing key developments in India and across the globe.

“Status of Private Companies under the Companies Act, 2013” – that aims to provide an impact analysis of the provisions of the Companies Act, 2013 (‘2013 Act’) on Private Companies, largely due to the exemptions withdrawn, the new reliefs available and the exemptions newly provided by the Ministry of Corporate Affairs (‘MCA’).