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    <title>2026 (1) TMI 664 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL PRINCIPAL BENCH</title>
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    <description>Whether the auditor should be removed for lack of independence and participation in corporate mismanagement: the tribunal found audited balance sheets for 2016-17 and 2017-18, signed by the auditor, showing receipt of management fees and continued fee charging in later years. Under s.144(1)(h) Companies Act, 2013 this conduct undermines auditor independence and indicates involvement in management, justifying removal. Outcome: NCLAT held the impugned order valid, declined to issue notice and dismissed the appeal.</description>
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      <link>https://www.taxtmi.com/caselaws?id=784908</link>
      <description>Whether the auditor should be removed for lack of independence and participation in corporate mismanagement: the tribunal found audited balance sheets for 2016-17 and 2017-18, signed by the auditor, showing receipt of management fees and continued fee charging in later years. Under s.144(1)(h) Companies Act, 2013 this conduct undermines auditor independence and indicates involvement in management, justifying removal. Outcome: NCLAT held the impugned order valid, declined to issue notice and dismissed the appeal.</description>
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