1. (a)Chartered Accountants
Procedures of Meetings of Quality Review Board, and Terms and Conditions of
Service and Allowances of the Chairperson and Members of the Board (Amendment)
Rules, 2016
MCA Notification – February 8, 2016
Amendment to the existing ‘Chartered Accountants Procedures of Meetings of Quality Review Board, and Terms and Conditions of Service and Allowances of the Chairperson and Members of the Board Rules, 2006’
Applicability:
Quality review board constituted by the Central Government
pursuant to subsection 1 of section 28 A of the Chartered Accountants Act 1949
Crux of the
Notification:
The
following rule shall be inserted after Rule 9, in sub-rule (2), after clause (i) (ia),which speaks about
Allowances, in the Chartered Accountants
Procedures of Meetings of Quality Review Board, and Terms and Conditions of
Service and Allowances of the Chairperson and Members of the Board Rules, 2006:
"(ib) The Chairperson and Members
nominated by the Central Government to the Board, shall not undertake any
foreign tour without the prior approval of the Central Government. Whenever
such a tour is proposed, the proposal should give full justification for the
tour, including its purpose, necessity and the expected outcome of the tour for
the consideration of the Central Government.
(2.)
Others MCA information:
The MCA has
given notice inviting comments on the following draft Rules:
-
Companies
(Indian Accounting Standards) Amendment Rules 2016 - Dated February 16, 2016
-
Companies
(Accounting Standards) Amendment Rules 2016 – Dated February 16, 2016
-
Companies (Authorised
to Registered) Amendment Rules 20162016 – Dated February 17, 2016
-
Companies (Incorporation) Second Amendment Rules 2016– Dated February 17, 2016
-
Companies
(Cost Records and Audit) Amendment Rules, 2016 - Dated February 23, 2016
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