October 2024 Regulatory Update: Key Developments in Company Law, SEBI, and Audit Compliance
Staying compliant with evolving regulatory frameworks is vital for businesses, especially as India continues to reform corporate governance, accounting standards, and financial disclosures. The October 2024 edition of the CNK & Associates LLP Quarterly Update offers a comprehensive overview of the latest amendments and circulars from the Ministry of Corporate Affairs (MCA), the Securities and Exchange Board of India (SEBI), and the National Financial Reporting Authority (NFRA).
This edition highlights crucial updates including changes to the Companies Act rules, revised norms for beneficial ownership disclosures, new provisions on digital AGMs and e-adjudication, implementation timelines for Ind AS 117 (Insurance Contracts), and expanded CSR reporting obligations. It also covers key SEBI reforms aimed at easing compliance for listed entities and improving transparency on the Social Stock Exchange (SSE).
For professionals in corporate law, finance, and audit, these developments are not just regulatory milestones—they are critical levers for operational planning, compliance strategy, and stakeholder transparency.
