Sox is actually an Act passed in 2002 in US.
After the big Scam by Enron (like that by Satyam in India) US govt introduced SOX Act.
This requires the companies registered in any recognised stock exchange in US to get a certificate by its Stat Auditor in its Internal Control Over Financial Reporting (ICOFR).
This is likely to introduced in India also as SEBI India is worried about Corporate Governance among Indian Companies after the Scam of Satyam.
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