Auditor's report applicability clarified: Order sets companies covered, key exclusions, and commencement of reporting requirements. The Order prescribes auditor reporting obligations under the Companies Act, applying to every company including foreign companies but excluding banking companies, insurance companies, companies licensed under section 25, and a specified class of small private limited companies; it was issued after consultation with the Institute of Chartered Accountants and supersedes an earlier order, coming into force on its notified commencement date.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Auditor's report applicability clarified: Order sets companies covered, key exclusions, and commencement of reporting requirements.
The Order prescribes auditor reporting obligations under the Companies Act, applying to every company including foreign companies but excluding banking companies, insurance companies, companies licensed under section 25, and a specified class of small private limited companies; it was issued after consultation with the Institute of Chartered Accountants and supersedes an earlier order, coming into force on its notified commencement date.
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