alleryStart learning →Reporting fraud under Section 143(12) does not breach an auditor's duties if made in what manner?
AOnly in good faith
BOnly in writing
CWith Board clearance
DWith member approval
Answer & Solution
Correct answer: A. Only in good faith
Section 143(13) protects the auditor from breach of duty where the fraud report is made in good faith.
Keep practising Audit and Auditors
Browse all Audit and Auditors questions for CA Inter, or explore more Law topics.
Related questions
An auditor convicted under Section 147(2) is liable to do what?An auditor who contravenes knowingly to deceive the company faces imprisonment of up to whThe company's fine for contravening Sections 139 to 146 lies in which range?If Sections 139 to 146 are contravened, an officer in default faces imprisonment up to whaA representative attending for the auditor must be:At a general meeting, the auditor has a right to be heard on which matters?Where are report qualifications read, and who may inspect them?For an individual auditor, indirect services include those through whom?