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Disclosures in audit report.

This query is : Resolved 

09 November 2013 Mr X a director of KP pvt ltd also a director in GP pvt ltd, which has not filed annual accounts & annual return for last 3 years. Mr X is of opinion that he is not disqualified u/s 274(1) of Co's act & auditor should not mention disqualification in his audit report. Is Mr. X correct? Comment.

10 November 2013 please answer

11 November 2013 Yes, because Section 274(1) doesn't applies to a Prviate Company




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