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CS Professional · Internal and Forensic Audit · Forensic Audit: Laws and Regulations

The Central Government wishes to staff the SFIO with experts for a complex bank-loan diversion case. Which of the following is among the fields from which experts may be appointed to the SFIO under the Companies Act, 2013?

Forensic audit is one of the listed fields. Section 211(2) allows the Central Government to appoint experts from banking, corporate affairs, taxation, forensic audit, capital market, information technology, law or other prescribed fields, chosen from persons of ability, integrity and experience.

  1. AForensic auditCorrect
  2. BAgriculture
  3. CShipping
  4. DPublic relations

Explanation

Section 211(2) lists banking, corporate affairs, taxation, forensic audit, capital market, information technology, law and other prescribed fields. Agriculture, shipping and public relations are not listed.

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