Madhurimadhuri asked 2 years ago

Sir under section 141(3)(d), if an audit is appointed as an auditor \”today\” and his relative had purchased \”SECURITIES OF THAT COMPANY 58 DAYS BACK amounting to 150000\” then auditor have just \”2 days remaining for corrective action to bring amount to \”100000\” ?

1 Answers
RaviRavi Staff answered 2 years ago

60 days are counted from date of acquisition, so in this case, only 2 days will be available for correction

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