Act Number: 18

Act Name: The Companies Act, 2013

Year: 2013

Enactment Date: 2013-08-29

Long Title: An Act to consolidate and amend the law relating to companies.

Ministry: Ministry of Corporate Affairs

Department:

Section 378ZG: Duties of auditor under this Chapter
    1[378ZG. Duties of auditor under this Chapter.--Without prejudice to the provisions contained in section 143, the auditor shall report on the following additional matters relating to the Producer Company, namely:--
         (a) the amount of debts due alongwith particulars of bad debts, if any;
         (b) the verification of cash balance and securities;
         (c) the details of assets and liabilities;
         (d) all transactions which appear to be contrary to the provisions of this Chapter;
         (e) the loans given by the Producer Company to the directors;
         (f) the donations or subscriptions given by the Producer Company;
         (g) any other matter as may be considered necessary by the auditor.]
Notes:
1. Ins. by Act 29 of 2020, s. 52 (w.e.f. 11-2-2021).
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