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During the audit of a listed company, a statutory auditor discovers a fraud involving an amount equal to or exceeding the threshold prescribed under Section 143(12) of the Companies Act, 2013. What is the auditor's statutory responsibility?
Report the fraud to the Central Government in the prescribed manner and within the prescribed time
Communicate the fraud directly to all shareholders in the prescribed manner and within the prescribed time
Report the fraud only to the Board of Directors in the prescribed manner and within the prescribed time
Disclose the fraud only in the auditor's report in the prescribed manner and within the prescribed time
Report the fraud to the Central Government in the prescribed manner and within the prescribed time
Practice and solve "During the audit of a listed company, a statutory auditor discovers a fraud involving an amount equa..." for Part 5 Domain Knowledge - CIL MT Company Secretary 2026. The correct answer is Option A: Report the fraud to the Central Government in the prescribed manner and within the prescribed time. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
Practice and solve "During the audit of a listed company, a statutory auditor discovers a fraud involving an amount equa..." for Part 5 Domain Knowledge - CIL MT Company Secretary 2026. The correct answer is Option A: Report the fraud to the Central Government in the prescribed manner and within the prescribed time. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
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