Under Rule 5 of the NFRA Rules, 2018, auditors of specific company classes are required to file annual returns in the NFRA-2 form by November 30 each year. For the 2022-23 reporting period, the filing deadline was November 30, 2023. As of March 20, 2025, the submission window remains open to accommodate late filings. Non-compliance with this requirement attracts penalties under Rule 13 of the MCA notification GSR 456(E), dated June 17, 2022. The penalties include a fine of up to ₹5,000 and an additional ₹500 per day for continuing violations. Audit firms experiencing technical issues with filing NFRA-2 can report the same via email at helpdesk@nfra.gov.in. According to NFRA’s records, certain audit firms have not yet submitted the NFRA-2 form for the 2022-23 period. If any of these firms have already completed the filing, they are requested to notify NFRA at the provided email address for updates.
Provisional list of Audit Firms of Listed Companies that have not filed NFRA-2 forms for Reporting Period 2022-23 (Audit reports signed during the period 01.04.2022 to 31.03.2023)
Position as on 20.03.2025
1) As per Rule 5 of NFRA Rules 2018 (as amended from time to time) auditors of class of companies specified in Rule 3 of NFRA Rules are required to file with NFRA an annual return in specified form viz. NFRA-2, on or before 30th November every year. The due date for filing NFRA-2 for reporting period 2022-23 was 30.11.2023. However, in order to provide additional time, window for filing NFRA-2 for reporting period 2022-23 is open, till date.
2) As per MCA notification GSR 456(E) dated 17.06.22 Rule13 states the punishment in case of noncompliance:- ” Whoever contravenes any of the provisions of these rules, shall be punishable with fine not exceeding five thousand rupees, and where the contravention is a continuing one, with a further fine not exceeding five hundred rupees for every day after the first during which the contravention continues.”
3) Technical issues, if any, faced while filing NFRA-2 may be brought to the notice of NFRA through email: helpdesk@nfra.gov.in
4) As per NFRA records, the below mentioned audit firms seems to have not yet filed annual return NFRA-2. In case if any have already filed, please advise us at email: helpdesk@nfra.gov.in
