Whether audit fees for subsidiary audit to be approved by audit committee of holding company? It would be helpful if someone can provide reference to law along with answer
Menu
Query of audit fees approval
Replies (2)
As per company act 2013/1956 the board of directors of holding company has the power to ammend /ratify the decision of the subsidiary company.
But certainly sec 139(9) sec 139(10) and there are other sections.
But certainly sec 139(9) sec 139(10) and there are other sections.
Can you please elaborate whether audit committee of holding company approval is required or not?
Recent Threads
- Key Corporate Compliance Requirements for Private
- Gst Non Filling Return Notice
- GSTR 2B ( MULTIPLE MONTHS )
- Eway bill generation for export material.
- International Tax clarification UK.
- E way bill expired penalty
- Best SME Focused AIF Funds in India for High Growt
- How does employee management software help in stat
- Clarification Required – Section 18 of Wage
- How to split freelance project income with a frien
Related Threads
CAclubindia
