Faulty Audit System

If people are naïve enough to believe that auditors will do their job diligently and protect the interests of shareholders and that their reports are sacrosanct, they are living in a fool’s paradise. The Companies Act 1956 has an idiotic provision that the auditor should be appointed at the AGM (annual general meeting). Everyone knows that even if all retail investors assemble at the AGM to...

Premium Content
This is a premium article. Your annual or monthly subscription will not give you access if it is outside your subscription period. You can buy it individually
Pay Per Article Gift An Article
Subscriptions
Access will cover your subscription period. Archives not included. Articles outside the subscription period can be bought individually.
Yearly Digital Access Monthly Digital Access
Already a subscriber ? Log in
Free Helpline
Legal Credit
Feedback