The Companies Act

Appointment of auditor

Removal, resignation of auditor and giving of special notice

Eligibility, qualifications and disqualifications of auditors

Remuneration of auditors

Powers and duties of auditors and auditing standards

Auditor not to render certain services

Auditor to sign audit reports, etc

Auditors to attend general meeting

Punishment for contravention

Central Government to specify audit of items of cost in respect of certain companies


AUDIT AND AUDITORS


The person appointed as an auditor of the company shall
sign the auditor's report or sign or certify any other document of the company in accordance with the
provisions of sub-section (2) of section 141, and the qualifications, observations or comments on financial
transactions or matters, which have any adverse effect on the functioning of the company mentioned in
the auditors report shall be read before the company in general meeting and shall be open to inspection
by any member of the company.


LAWGIST

# 145 Auditor to sign audit reports, etc