Auditors Must Verify Director Pay Compliance with Section 197(16) of Companies Act, 2013 and Report Excess Remuneration.

Responsibility of Auditor to make a statement as to whether the remuneration paid by the company to its directors is in accordance with the provisions of this section, whether remuneration paid to any director is in excess of the limit laid down under this section and give such other details as may be prescribed - Section 197(16) the Companies Act, 2013 .....

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