Restriction on rights of statutory auditor

Stat Audit 1593 views 3 replies

can the company law board (CLB) restricts the rights of statuory auditor

Replies (3)

Depending upon the case --- Yes CLB has the power with proper justification.

Yes i totally agree  with Mr. Ankur Garg

as because CLB has the authority to restrict the unlawfull use of rights by the  auditors if CLB deem think fit in a particular circumstances.

Further not only CLB but i think Central Government, or SEBI can also interfere in some suspective cirumstances which can lead them to suspect that auditors are not using their powers in a manner as prescribed by the law.

 https://www.caclubindia.com/forum/important-suggestions-for-pcc-and-ipcc-students-for-law-eth-86269.asp

 


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