NFRA Limited to Issue Directions, Not to Monitor Companies on its Compliance: Delhi HC Directs Petitioner to Seek Info via RTI

The Delhi High Court has ruled that the NFRA is limited to issuing directions and cannot monitor companies on its compliance, directing the petitioner to seek information via RTI. The court's decision provides clarity on the scope of the NFRA's powers. The ruling reinforces that the NFRA's role is to ensure that auditing standards are met and not to become a watchdog over a company's internal compliance. This judgment is a crucial precedent for companies.