Penalties for professional non-compliance under audit provisions impose higher sanctions for listed companies versus other companies. Amendment imposes fixed monetary penalties on auditors, cost accountants, and company secretaries in practice who fail to meet specified audit-reporting ... Summary
Penalties for professional non-compliance under audit provisions impose higher sanctions for listed companies versus other companies.
Amendment imposes fixed monetary penalties on auditors, cost accountants, and company secretaries in practice who fail to meet specified audit-reporting obligations, with a higher penalty for professionals connected to listed companies and a lower penalty for those connected to other companies.
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