Query regarding Company Audit

This discussion addresses whether an inactive Private Ltd Company, with no business activity for 4-5 years, needs to include a 'Going Concern' point in its independent audit report under the Companies Act 2013. It confirms that 'Going Concern' is a mandatory concept to be reported. Management must provide a note in the financial statements, and the auditor should comment on it, potentially via an 'Emphasis of Matter' paragraph, depending on the company's specific financial position, including net worth and working capital.