Kanishka
Feb. 12, 2018
The Act clearly states that responsibility of communication of audit report to the members of the organisation. Thus, it is a duty of company to sent the report to every member of the company. It is the responsibility of the secretary or the director to convene a general meeting and send the Balance Sheet and report to the members who are entitled to receive it.
Hence in the given case, the auditor cannot be held liable for the failure to send the report to the shareholders.
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