In the CARO Report, the auditor has to observe the market quotations with the transactions entered into by the directors to see if they have been made at a reasonable rate for Transactions of Sec301
But there are some transactions under this Clause for which Market Quotations cannot be obtained. Can anybody tell me some transactions which are unique and specialised for only some companies and such price lists are unavailable?????
Please tell me i need it urgently
Thanks