April 2024 Company Law & Audit Updates: Key Regulatory Changes You Need to Know

Staying current with evolving corporate compliance standards is crucial for businesses operating in India and internationally. The April 2024 Quarterly Insights from CNK & Associates LLP offers a comprehensive overview of the latest updates in Company Law, SEBI regulations, Accountancy, and Audit standards—all critical for CFOs, company secretaries, auditors, and compliance professionals.

This edition highlights major regulatory changes including:

• The Direct Listing Scheme enabling certain Indian public companies to list equity shares on international stock exchanges like NSE IFSC and India INX.
• Amendments to the Companies (Registration Offices and Fees) Rules, introducing the Central Processing Center to streamline approvals.
• Updates to SEBI’s market rumour verification timelines and compliance relief for high-value debt-listed entities.
• New and revised Secretarial and Auditing Standards from ICAI and ICSI, including SA 800, SA 805, SA 810, and internal audit checklists.
• Proposed integration of environmental audits into statutory financial audits, reinforcing ESG accountability.

These developments are poised to reshape corporate governance, improve transparency, and enhance India’s integration into global capital markets.