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Statutory Provisions

Home Acts & Rules Bill Bills COMPANIES BILL, 2011 Chapters List Chapter X AUDIT AND AUDITORS This

Clause 142 - Remuneration of auditors. - COMPANIES BILL, 2011

COMPANIES BILL, 2011
Chapter X
AUDIT AND AUDITORS
  • Contents

Remuneration of auditors.

     142. (1) The remuneration of the auditor of a company shall be fixed in its general meeting or in such manner as may be determined therein.

     (2) The remuneration under sub-section (1) shall, in addition to the fee payable to an auditor, include the expenses, if any, incurred by the auditor in connection with the audit of the company and any facility extended to him but does not include any remuneration paid to him for any other service rendered by him at the request of the company.

 
 
 
 

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