What are the Classes of Companies and bodies corporate governed by the National Financial Reporting Authority (NFRA)?

Classes of Companies and bodies corporate governed by the National Financial Reporting Authority (NFRA) as per Rule 3 of the National Financial Reporting Authority Rules. 2018 (NFRA Rules) are as below: 1. companies whose securities are listed on any stock exchange in India or outside India; 2. unlisted public companies having paid-up capital of not less than rupees five hundred crores or having annual turnover of not less than rupees one thousand crores or having, in aggregate, outstanding loans, debentures and deposits of not less than rupees five hundred crores as on the 31st March of immediately preceding financial year; 3. Insurance companies, banking companies, companies engaged in the generation or supply of electricity, companies governed by any special Act for the time being in force or bodies corporate incorporated by an Act. 4. Any body corporate or company or person, or any class of bodies corporate or companies or persons. on a reference made to the Authority by the Central Government in public interest: and 5. A body corporate incorporated or registered outside India, which is a subsidiary or associate company of any company or body corporate incorporated or registered in India as referred to in clauses (a) to (d), if the income or net worth of such subsidiary or associate company exceeds twenty percent, of the consolidated income or consolidated net worth of such company or the body corporate, as the case may be. 6. A company or a body corporate other than a company governed under this rule shall continue to be governed by the Authority for a period of three years after it ceases to be listed or its paid-up capital or turnover or aggregate of loans, debentures and deposits falls below the limit stated therein.