Auditor's responsibility in case of section 185

What will be the responsibility of the Auditor, apart from qualifying the fact in the Annexure to Auditor's report, in case of contravention of section 185 ?

Replies (2)

It is the responsibility of the company to ensure compliance of Sec.185.  Auditor is just required to report non-compliance, if any, in his report.

 

Sir,

 

What if CARO 2016 not applicable to the company ? WHere should we mention it ? In our opinion ?

 

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