https://www.taxtmi.com/acts?id=37141 Insertion of section 45MAA authorises the Bank, where an auditor fails to comply with any direction or order under section 45MA, to remove or debar the auditor from exercising audit duties for any Bank regulated entities for a limited period. The provision links non compliance with supervisory directions to temporary disqualification from audit functions as an administrative sanction by the Bank. en-us Wed, 24 Jul 2019 17:22:17 +0530 Wed, 24 Jul 2019 17:26:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=37141 Insertion of section 45MAA authorises the Bank, where an auditor fails to comply with any direction or order under section 45MA, to remove or debar the auditor from exercising audit duties for any Bank regulated entities for a limited period. The provision links non compliance with supervisory directions to temporary disqualification from audit functions as an administrative sanction by the Bank. Act-Rules F. Acts / Amendment Acts Wed, 24 Jul 2019 17:22:17 +0530 https://www.taxtmi.com/acts?id=37141