RBI Guidelines at odds with the Companies Act on appointment of Auditor
A comparative analysis between the Companies Act, SEBI Guidelines and SEBI Circular dated 18th Oct. 2019 – Ajay Kumar K V | Manager (corplaw@vinodkothari.com) Introduction The Reserve Bank of India has issued Guidelines[1] for Appointment of Statutory Central Auditors (SCAs)/Statutory Auditors (SAs) of Commercial Banks (excluding RRBs), UCBs and NBFCs (including HFCs) under Section 30(1A) … Continue reading RBI Guidelines at odds with the Companies Act on appointment of Auditor
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