Board’s report Whether directors should hold another meeting to consider reservation, qualification, etc., made in auditors’ report

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

...., etc., made in auditors' report Query: Section 215(3) requires the balance sheet and the profit and loss account to be approved by board of directors before signing on behalf of the board and also before submitting these to the auditors for their report. Section 217(3) requires the board to give fullest information and explanations in its report on every reservation, qualification or adverse rem....