Statutory Auditors definition

Statutory Auditors means a firm of chartered accountants appointed in terms of Section 224 of the Companies Act, 1956 and acting as the statutory auditors of the Concessionaire.

Statutory Auditors means a reputable firm of chartered accountants acting as the Statutory Auditors of the Developer under the provisions of the Companies Act including any statutory modification or re-enactment thereof, for the time being in force, and appointed in accordance with Article 28.2.1;

Statutory Auditors means firm of Chartered Accountants duly licensed to practice in India acting as independent statutory auditors of the concessionaire under the provisions of the Companies Act, 2013 including any statutory modification or re- enactment or replacement thereof, for the time being in force and duly appointed by the Concessionaire;

Examples of Statutory Auditors in a sentence

• All fees and expenses of the Statutory Auditors shall be borne by the Concessionaire.

• 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 Authority shall have the right to inspect the records of the Concessionaire during office hours and require copies of relevant extracts of books of accounts, duly certified by the Statutory Auditors, to be provided to the Authority for verification of basis of payments, and in the event of any discrepancy or error being found, the same shall be rectified and such rectified account shall form the basis of payments by either Party under this Agreement.

• 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 90 (ninety) 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 Statutory Auditors have not reported any incident of fraud to the Audit Committee of the Company in the year under review.

More Definitions of Statutory Auditors

Statutory Auditors means a reputed firm of Chartered Accountants duly licensed to practice in India acting as statutory auditors of the Concessionaire.

Statutory Auditors means a reputable firm of chartered accountants acting as the statutory auditors of the Lessee under the provisions of the Companies Act, 2013, including any statutory re-enactment or modification thereof, for the time being in force;

Statutory Auditors means an Independent, recognized and reputable firm of the chartered accountants duly licensed to practice in India acting as the Independent statutory auditors of the Concessionaire under the provisions of Act including any statutory modification or re‐enactment or replacement thereof, for the time being in force.

Statutory Auditors means a reputable firm of chartered accountants acting as the statutory auditors of the Concessionaire under the provisions of the Companies Act, 2013;

Statutory Auditors means a reputable firm of chartered accountants acting as the statutory auditors of the Concessionaire under the provisions of the Companies Act, 2013 including any re-enactment or amendment thereof, for the time being in force, and appointed in accordance with Clause 8.12.2;

Statutory Auditors means a firm of chartered accountants appointed in terms of Section 138 of the Companies Act, 2013 and acting as the statutory auditors of the SPV.

Statutory Auditors means a reputable firm of chartered accountants acting as the statutory auditors of the Lessee under the provisions of the Companies Act, 2013, including any statutory re-enactment or modification thereof, for the time being in force, and appointed in accordance with relevant clause of this Agreement;