The Multi Commodity Exchange of India Limited (MCX) on October 10, 2024, issued the notification regarding the Submission of Internal Audit Report for the half year ended on September 30, 2024.
The following has been stated namely: -
• Internal audit on a half yearly basis is required to be conducted by independent qualified Chartered Accountants or Company Secretaries or Cost and Management Accountants who are in practice and who do not have any conflict of interest.
• All Members of the Exchange are required to appoint Internal Auditors and create login ID for the Internal Auditors for submission of Internal Audit Report for the half year ended on September 30, 2024.
• The due date for submission is November 30, 2024.
• The internal auditors shall electronically submit the audit report to the member, who shall place it before its Board of Directors/Proprietor/Partners and shall forward the same along with para-wise comments of the management to the Exchange electronically on or before November 30, 2024.
[Notification No. MCX/INSP/686/2024]
