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Cs to read the audit report in agm

Dipjyoti Majumdar (CA in service & CS. dipmaj@ rediffmail.com ) (3468 Points)

08 September 2011

Friends

I believe there is no law which requires the CS to read out the audit report in the podium at the AGM venue in the AGM.

It can be read out by auditors or else by ant Officer of the Company. Then why is this so.

Can you all discuss.

Regards,

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2 Replies

srinivass (CA Final) (2466 Points)
Replied 08 September 2011

The auditor responsibility is to prepare audit report and but as per my opinion Cs has the responsibility to conduct Meetings and meeting smust be done a sper law i.e. with in time..etc so CS must take the responsibility to read auditor report

swathi.n (Article Assistant) (30 Points)
Replied 22 September 2011

In every public company annual report CS signature is compulsory so he must be aware of the Audit Report. In other cases srinivas intention is correct.