Q. Which of the following is not true regarding requirements under section 227(3) (f) of the Companies Act, 1956?
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(A)
The auditor has to satisfy himself whether any of the directors of the company, whether public or private, are disqualified from being appointed as directors as per section 274(1) (g).
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(B)
Section 274(1) (g) is applicable to appointment of directors both in public and private companies but reporting is limited to only those directors of a company who are also directors of a public company
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(C)
The auditor requires every director to submit a written representation in respect of each Public company, of which the is a director, as to whether such company has defaulted in terms of provisions of sections 274(1) (g)
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(D)
The disqualification should be considered on the date of audit report.
✅ Correct Answer: (D)
The disqualification should be considered on the date of audit report.