Can a comapny auditor give qualification, reservation or adverse remark on other matters under section 143(3)(h)?
If yes, then whether only financial, only non-financial matters or both] ?
Sir kindly mention few examples, if any
2 Answers
if auditor has given qualification, adverse, disclaimer or EMP, OMP or any other comment in audit report and if such comment is related to losses then such thing is called having adverse effect on functioning of the company such thing need to be highlighted under section report on other legal and regulatory matters.
See this video https://youtu.be/lsnzSMgAePI