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Remuneration of the Cost Auditor.
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.... the purpose of sub-section (3) of section 148,- (a) in the case of companies which are required to constitute an audit committee- (i) the Board shall appoint an individual, 1[who is a cost accoun....
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....t required to constitute an audit committee, the Board shall appoint an individual 2[who is a cost accountant] or a firm of cost accountants in practice as cost auditor and the remuneration of such co....
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