Tightening The Noose: Companies (Auditor's Report) Order, 2020

Published On: 22/04/2020

Practice Area: Corporate & Commercial


The Ministry of Corporate Affairs (the 'MCA') has notified the Companies (Auditor's Report) Order, 2020 on February 25, 2020, superseding the Companies (Auditor's Report) Order, 2016. The Order aims to tighten the noose around auditors and directors with respect to reporting requirements and disclosure obligations. INDUSLAW's Revathy Muralidharan and Aditi Rani analyze the applicability of and highlight the key changes introduced under the Order.