21 July 2025
After the completion of supplementary audit and issuance of comment certificate as per section 143(6) of the Companies Act, in the case of a Government company, can a Statutory auditor issue a revised independent audit report
22 July 2025
No, a Statutory Auditor cannot issue a revised independent audit report for a Government company after the completion of a supplementary audit and issuance of a comment certificate by the Comptroller and Auditor General of India (CAG) under Section 143(6) of the Companies Act, 2013. The comments or supplementary report issued by the CAG are intended to be placed along with the statutory auditor's report before the Annual General Meeting (AGM). They provide an additional layer of scrutiny and highlight any significant observations from the CAG's perspective.