Under the proviso to section 143(1) of the Companies Act, 2013, the auditor of a holding company also has a right of access to the records of which companies, so far as they relate to the…

Section 143(1) of the Companies Act, 2013 gives every auditor access at all times to the company's books of account and vouchers, and its proviso extends the right of a holding company's auditor to the records of all its subsidiaries and associate companies in so far as they relate to the consolidation of its financial statements. Associates are included because they too enter the consolidated statements; the proviso does not reach the company's own holding company and draws no line between Indian and foreign subsidiaries.