The Institute of Company Secretaries of India (ICSI) has submitted a representation to the Ministry of Corporate Affairs highlighting the absence of a mechanism to modify or update details of trusts registered as CSR implementing agencies through Form CSR-1. Under Section 135 of the Companies Act, 2013 and the CSR Rules, such entities must register to obtain a CSR Registration Number for receiving CSR funds….
The Ministry of Corporate Affairs has introduced significant amendments to the DIR-3 KYC compliance framework to simplify regulatory requirements and enhance ease of doing business for directors. Under the revised rules, directors holding a DIN as of 31st March of a financial year are required to file Form DIR-3 KYC Web once every three financial years, instead of annually, with a deadline of 30th June….
The National Financial Reporting Authority (NFRA) conducted an audit quality inspection of two audit firms within the Price Waterhouse & Affiliates network during 2025–26 under Section 132 of the Companies Act, 2013 to assess compliance with auditing standards and the effectiveness of quality control systems. Website URL: https://taxguru.in/company-law/nfra-inspection-report-flags-audit-issues-in-pwc-network-firms.html
