03 June 2015
in a builder pvt ltd co. an investor who booked a flat filed an Fir against directors for for cheating and misappropriation of its money. directors were arrested. police filed charge-sheet. directors got bail. magistrate took cognizance of the case. and the case is under trial. what are the responsibilities of the auditor to report such event. whether it is a fraud by company under companies act and Caro.