As per Rule 5 of the NFRA Rules, 2018, auditors of specified classes of companies must file an annual return, NFRA-2, by November 30 each year. The deadline for the reporting period 2023-24 was November 30, 2024. However, the filing window remains open as of March 20, 2025, for late submissions. Non-compliance with these rules attracts penalties under Rule 13, as per 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 ongoing violations. Technical issues related to NFRA-2 filing can be reported via email to helpdesk@nfra.gov.in. Based on NFRA’s records, some audit firms of listed companies have not yet submitted their NFRA-2 forms for the 2023-24 reporting period. Firms that believe they have filed are requested to notify NFRA at the same email address for clarification.
Provisional list of Audit Firms of Listed Companies that have not filed NFRA-2 forms for Reporting Period 2023-24 (Audit reports signed during the period 01.04.2023 to 31.03.2024)
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 2023-24 was 30.11.2024. However, in order to provide additional time, window for filing NFRA-2 for reporting period 2023-24 is open, till date.
2) As per MCA notification GSR 456(E) dated 17.06.22 Rule13 states the punishment in case of non-compliance:- ” 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
