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Companies Law - Highlights / Catch Notes

Home Highlights September 2019 Year 2019 This

Proceedings against the auditors of the company - removal from ...

Companies Law

September 9, 2019

Proceedings against the auditors of the company - removal from the statutory audit- Constitutional validity of sub-section (5) of Section 140 of the Companies Act, 2013 - the word “action” in the second proviso to sub-section (5) of section 140 of the Act, would be required to be read down as “prosecution”. - HC

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