Audit firm liability limits expanded: partners singly liable for fraud, penalty caps tied to auditor remuneration. Amendments to section 147 modify penalties and liable parties: sub section (2) adds a ceiling expressed as four times the auditor's remuneration and revises the proviso to set a lower minimum fine while allowing fines to extend up to an alternative maximum linked to auditor remuneration; sub section (3)(ii) replaces broad recipients with 'members or creditors of the company'; sub section (5) adds a proviso limiting criminal liability of an audit firm so that only the partner(s) who acted fraudulently or abetted or colluded in fraud are liable for criminal consequences other than fine.