Under section 12(2) of the Advocates Act, 1961, by whom are the accounts of a Bar Council audited?
Advocates Act section 12(2) requires auditors "duly qualified to act as auditors of companies" to audit a Bar Council's accounts. The statutory criterion is that…
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Under section 12(2) of the Advocates Act, 1961, by whom are the accounts of a Bar Council audited?
Answer and explanation
Correct answer B
Advocates Act section 12(2) requires auditors "duly qualified to act as auditors of companies" to audit a Bar Council's accounts. The statutory criterion is that professional qualification, rather than automatic audit by the Comptroller and Auditor-General or a State Accountant-General.
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