Company act 2013 section 144
This query is : Open
05 November 2013
HEY!!!
I JUST READ SECTION 144 OF COMPANY ACT 2013. IT SAYS..
An auditor appointed under this Act shall provide to the company only such
other services as are approved by the Board of Directors or the audit committee, as the case
may be, but which shall not include any of the following services (whether such services are
rendered directly or indirectly to the company or its holding company or subsidiary company,
namely:—
(a) accounting and book keeping services;
(b) internal audit;
(c) design and implementation of any financial information system;
(d) actuarial services;
(e) investment advisory services;
(f) investment banking services;
(g) rendering of outsourced financial services;
(h) management services; and
(i) any other kind of services as may be prescribed
I JUST WANT THE KNOW WHAT DOES THE WORD "THE COMPANY" MEANS .. DOES IT MEANS ALL COMPANIES OR ELSE DEFINED SOMEWHERE ???
I JUST READ SECTION 144 OF COMPANY ACT 2013. IT SAYS..
An auditor appointed under this Act shall provide to the company only such
other services as are approved by the Board of Directors or the audit committee, as the case
may be, but which shall not include any of the following services (whether such services are
rendered directly or indirectly to the company or its holding company or subsidiary company,
namely:—
(a) accounting and book keeping services;
(b) internal audit;
(c) design and implementation of any financial information system;
(d) actuarial services;
(e) investment advisory services;
(f) investment banking services;
(g) rendering of outsourced financial services;
(h) management services; and
(i) any other kind of services as may be prescribed
I JUST WANT THE KNOW WHAT DOES THE WORD "THE COMPANY" MEANS .. DOES IT MEANS ALL COMPANIES OR ELSE DEFINED SOMEWHERE ???
18 September 2014
Kindly refer the definition of company under section 2(20) of companies act,2013
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