(B) debarring the member or the firm from— — THE COMPANIES ACT, 2013

2 [(B) debarring the member or the firm from— I. being appointed as an auditor or internal auditor or undertaking any audit in respect t of financial statements or internal audit of the functions and activities of any company or body corporate; or II . performing any valuation as provided under section 247, for a minimum period of six months or such higher period not exceeding ten years as may be determined by the National Financial Reporting Authority.] Explanation.—For the purposes of this sub-section, the expression " professional or other misconduct " shall have the same meaning assigned to it under section 22 of the Chartered Accountants Act, 1949 (38 of 1949). (5) Any person aggrieved by any order of the National Financial Reporting Authority issued under clause (c) of sub-section (4), may prefer an appeal before 3 [the Appellate Tribunal in such manner and on payment of such fee as may be prescribed]. 4* * * * * (10) The National Financial Reporting Authority shall meet at such times and places and shall observe such rules of procedure in regard to the transaction of business at its meetings in such manner as may be prescribed.

Section 2