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Auditor remuneration must be fixed by the company and covers audit expenses and facilities but excludes non-audit service pay. Remuneration of the auditor must be fixed in the company's general meeting or as that meeting determines; it includes the auditor's fee, audit-related expenses and facilities extended in connection with the audit, but excludes payment for other services rendered to the company at its request.
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.
<h1>Auditor remuneration must be fixed by the company and covers audit expenses and facilities but excludes non-audit service pay.</h1> Remuneration of the auditor must be fixed in the company's general meeting or as that meeting determines; it includes the auditor's fee, audit-related expenses and facilities extended in connection with the audit, but excludes payment for other services rendered to the company at its request.
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