Section 378ZF Internal audit – Companies Act 2013

Section 378ZF of the Companies Act 2013 as amended by the Companies (Amendment) Act, 2020 . Provisions and rules related to Internal audit.

Amended and updated notes on section 378ZF of the Companies Act 2013 as amended by the Companies (Amendment) Act, 2020 and Company Rules made there under. Detail discussion on provisions and rules related to Internal audit.

Chapter XXIA PART-VI (Section 378ZE to 378ZJ) of the Companies Act 2013 (CA 2013) deals with the provisions related to finance, accounts and audits. Section 378ZF of CA 2013 provides for Internal audit.

Recently, we have discussed in detail section 378ZE (Books of account) of CA 2013. Today, we learn the provisions of section 378ZF of the Companies Act 2013.

In exercise of the powers conferred by sub-section (2) of section 1 of the Companies (Amendment) Act, 2020 (29 of 2020), the Central Government appoints the 11th February, 2021 as the date on which the provisions of section 52 of the Companies (Amendment) Act, 2020 shall come into force.

Accordingly, the provisions of section 378ZF are effective from 11th February, 2021. You may refer Notification No. S.O. 644(E) dated 11-02-2021. In this article, you will learn detail of the provisions of section 378ZF the Companies Act 2013.

Name of ActThe Companies Act 2013
Enacted byParliament of India
Administered byMinistry of Corporate Affairs (MCA)
Number of Chapters29
Number of Sections484 (470-43+57)
Number of Schedules7
You are reading:
Chapter No.XXIA (PART-VI)
Chapter NameFinance, Accounts and Audits
Section No.378ZF
Section NameInternal audit
Monthly Updated EditionCompany Law PDF

Section 378ZF: Internal audit

Every Producer Company shall have internal audit of its accounts carried out, at such interval and in such manner as may be specified in articles, by a chartered accountant as defined in clause (b) of sub-section (1) of section 2 of the Chartered Accountants Act, 1949.


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