https://www.taxtmi.com/acts?id=18339 Where an auditor, in the course of statutory audit duties, has reason to believe a fraud meeting the prescribed monetary threshold has occurred or is occurring by company officers or employees, the auditor must report the matter to the Central Government. The auditor must first refer the matter to the Board or Audit Committee immediately (within two days), seek their reply within forty-five days, and then forward his report plus the Board's or Committee's observations and his comments to the Central Government within fifteen days; if no reply is received, the auditor forwards the report with a note of prior communication. en-us Mon, 31 Mar 2014 19:35:15 +0530 Mon, 16 Mar 2026 14:47:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=18339 Where an auditor, in the course of statutory audit duties, has reason to believe a fraud meeting the prescribed monetary threshold has occurred or is occurring by company officers or employees, the auditor must report the matter to the Central Government. The auditor must first refer the matter to the Board or Audit Committee immediately (within two days), seek their reply within forty-five days, and then forward his report plus the Board's or Committee's observations and his comments to the Central Government within fifteen days; if no reply is received, the auditor forwards the report with a note of prior communication. Act-Rules Companies Law Mon, 31 Mar 2014 19:35:15 +0530 https://www.taxtmi.com/acts?id=18339