SPECIAL AUDITOR definition

SPECIAL AUDITOR means Auditors listed in the panel of Auditors having same powers as of the company’s AUDITOR as envisaged in the Companies Act, 1956.
SPECIAL AUDITOR means a Chartered Accountant or a Cost and Management Accountant appointed under section 32A of the Act;
SPECIAL AUDITOR has the meaning set forth in Section 6.2(e). STOCKHOLDER has the meaning set forth in the Recitals. SUBSIDIARY means with respect to any Person, any entity of which securities or other ownership interests having ordinary voting power to elect a majority of the board of directors or other persons performing similar functions are at any time directly or indirectly owned by such Person.

Examples of SPECIAL AUDITOR in a sentence

  • If, as of the Tentative Closing Date, Purchaser and the Company cannot agree as to whether this condition has been satisfied, then the parties shall engage Ernst & Young LLP (the "SPECIAL AUDITOR") to perform a review or other mutually agreed procedures sufficient to determine whether the condition has been satisfied.