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Section 145 of the Companies Act 2013: Auditor to Sign Audit Reports, etc

SECTION-145 (Auditor to sign audit reports, etc) under CHAPTER-X (Audit and Auditors) of the Companies Act, 2013

The person appointed as an auditor of the company shall sign the auditor’s report or sign or certify any other document of the company in accordance with the provisions of sub-section (2) of section 141, and the qualifications, observations or comments on financial transactions or matters, which have any adverse effect on the functioning of the company mentioned in the auditor’s report shall be read before the company in general meeting and shall be open to inspection by any member of the company.

Extra Notes for Readers

(1) The Companies Act, 2013 received the assent of the President on the 29th August, 2013 (Published in the Gazette of India, Extraordinary, Part II - Section 1 by Ministry of Law and Justice, Legislative Department on 30th August, 2013) - link

(2) Section 145 of the Companies Act 2013 was notified by MCA Notification S.O. 902(E) dated 26th March 2014 (w.e.f. 1st April 2014) - link

(3) Further, refer the Companies (Audit and Auditors) Rules, 2014 - link
[Also check amendments, if any, to the Companies (Audit and Auditors) Rules, 2014]

This page was last updated on 24th March, 2017.

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