My question to the experts is that whether a ny person having knowlledge of Finance and accounts check the auditors report. As per companies Act , Directors report and even fiancial report can be checked after paying a certain amount of fees .
Regards,
Tanveer Md Masood
All the documents available for public may be search by any person by payment of requisite fee.
Yes, Section 220 requires every company to file their accounts (i.e. Auditor Report+Director Report+BS+PL+notes to accounts) with the ROC and they are public documents and available for public inspection and download at www.mca.gov.in/mca21 after log in and paying certain amount (Rs 50 only for few hours) but in case of Pvt company PL is not a public document.
Regards,
ACS Amit Kumar
CAclubindia
