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Union of India - Section

Section 581ZG in The Companies (Amendment) Act, 2002

581ZG. Duties of auditor under this Part.-

Without prejudice to the provisions contained in section 227, the auditor shall report on the following additional matters relating to the Producer Company, namely:-
(a)the amount of debts due along with particulars of bad debts if any;
(b)the verification of cash balance and securities;
(c)the details of assets and liabilities;
(d)all transactions which appear to be contrary to the provisions of this Part;
(e)the loans given by the Producer Company to the directors;
(f)the donations or subscriptions given by the Producer Company;
(g)any other matter as may be considered necessary by the auditor.