Examples of Statutory Auditors in a sentence
The Board of Statutory Auditors of CF is appointed as follows: - the Strategic Investor is entitled to designate 1 effective member; - Newco is entitled to designate 1 effective member; - the remaining effective member (who will be Chairman of the Board of Statutory Auditors) and the alternate auditors are designated jointly by the CF Shareholders.
Appointment of Statutory Auditors Requirement relating to Audit of accounts and appointment of Auditor shall be governed by the provisions of Limited Liability Partnership Act, 2008 and rules made thereunder.
Any claim or document provided by the Concessionaire to the Authority in connection with or relating to receipts, income, payments, costs, expenses, accounts or audit, and any matter incidental thereto shall be valid and effective only if certified by its Statutory Auditors.
The Concessionaire shall provide 2 (two) copies of its Balance Sheet, Cash Flow Statement and Profit and Loss Account, along with a report thereon by its Statutory Auditors, within 180 (one hundred and eighty) days of the close of the Accounting Year to which they pertain and such audited accounts, save and except where expressly provided to the contrary, shall form the basis of payments by either Party under this Agreement.
The Board of Statutory is appointed through a voting slate system to ensure that the members of the Board of Statutory Auditors are appointed in accordance with the provisions above.