Section 25C in THE FINANCE ACT, 2021
25C. Internal auditor.
(1) The Board shall, on the recommendation of the Audit Committee, appoint an internal auditor ... scope, functioning, periodicity and methodology for conducting the internal audit; (c) review and monitor the internal auditor’s performance and effectiveness of audit process
financial position.
Statutory Auditors Mr. Paresh K. Shah, Chaitanya Kalyankar and
internal auditors- Avinash Navle and Ramdas Shirke did not
perform their duties and responsibilities ... auditor. He is a certified
auditor by profession. He has conducted several audits. His
experience is of 30 years. He is a reputed auditor. There
believed to be the Internal Auditors of the
plaintiff at the material time. Defendant nos.11, 13, 15, 17 and 19 are
believed ... partners/persons-in-charge of the aforesaid internal
auditors. The relief sought against those defendants primarily pertain to
retention of records of the company that
dated 24.04.2020 seeking the
following information;
1. (i) Who was the internal auditor appointed by the Board in accordance
with Chapter IV, Section ... much was the total expenditure on the internal auditor paid by the
Institute, and its breakup under the heads (travel, remuneration, boarding,
lodging, hospitality
Electricity Board
Internal, Control and pre-audit. Further, it has got separate department headed
by Director of Internal Audit for regular Internal Audit and Inspection ... various expenses. The
accounts of the appellant are audited by internal auditors and statutory
auditors under the Companies Act and the Income-tax-Act. Further
CHATHAN,
KOOTTALA HOUSE,
KULAYIDAM,
CHERUVALLOOR P.O.,
THRISSUR DISTRICT.
(INTERNAL AUDITOR KADUKUTTY SERVICE CO-OPERATIVE BANK
LTD. NO.628 KADUKUTTY P.O. THRISSUR DISTRICT ... Peon on 20.11.1999 and
later he was promoted as Internal Auditor with effect from
01.04.2012.
3. Learned counsel appearing on behalf of the petitioners
submits
AGED 57 YEARS
W/O. VYASAN,
WORKDING AS BRANCH MANAGER/INTERNAL AUDITOR,
S.C.B.LTD 1155,
CHIRAYINKEEZHU,
RESIDING AT CHITHIRA,
KUTTIKKAD LANE,
CHIRAYINKEEZHU,
THIRUVANANTHAPURAM ... SECRETARY,
TRIVANDRUM-695 305
5 RAVEENDRAN NAIR.R.
BRANCH MANAGER/INTERNAL AUDITOR,
CHIRAYINKEEZHU SERVICE CO-OPERATIVE BANK LTD NO.1155,
CHIRAYINKEEZHU,
THIRUVANANTHAPURAM
SHEELA S., AGED 57, W/O. VYASAN, WORKDING AS BRANCH
MANAGER/INTERNAL AUDITOR, S.C.B.LTD 1155, CHIRAYINKEEZHU, RESIDING
AT CHITHIRA, KUTTIKKAD LANE, CHIRAYINKEEZHU ... SECRETARY,
TRIVANDRUM-695 305.
5. RAVEENDRAN NAIR.R., BRANCH MANAGER/INTERNAL AUDITOR, CHIRAYINKEEZHU
SERVICE CO-OPERATIVE BANK LTD NO.1155, CHIRAYINKEEZHU,
THIRUVANANTHAPURAM
various expenses. The
accounts of the appellant are audited by internal auditor and
statutory auditor under the companies Act and the Income Tax
Act . Further ... proper
Internal, Control and pre-audit. Further, it has got separate
department headed by Director of Internal Audit for regular
Internal Audit and Inspection under
ofcer has also recorded the statements of
C.W.2 Samiulla internal auditor who has helped the
Karnataka State Co-operative Apex Bank to unearth ... stated that on the basis
of report fled by the internal auditor C.W.2 Samiulla and
as per the decision of the board
