Rule 14 of Companies (Audit & Auditors) Rules, - TopicsExpress

Rule 14 of Companies (Audit & Auditors) Rules, 2014 Remuneration to COST AUDITOR I -Companies who required to constitute Audit Committee- a. Board will appoint Individual/ Firm of CMA in practice as cost Auditor. b. Recommendation shall be put by Audit committee who fix the remuneration c. Remuneration recommended above shall be approved by Board of Director. d. If Shareholder is of opinion that it is Unnecessary they may Ractify the same. II Other Companies - Not required to constitute Committee a. Board will appoint Individual/ Firm of CMA in practice as cost Auditor and fix remuneration. b. If Shareholder is of opinion that it is Unnecessary they may Ractify the same. Admin.. ARORA VINAY

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