Section 378ZG Duties of auditor under this Chapter – Companies Act 2013

Section 378ZG of Companies Act 2013 amended by Companies Amendment Act, 2020. Provisions for Duties of auditor under Chapter XXIA(PART-VI).

Amended and updated notes on section 378ZG 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 Duties of auditor under this Chapter.

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 378ZG of CA 2013 provides for Duties of auditor under this Chapter.

Recently, we have discussed in detail section 378ZF (Internal audit) of CA 2013. Today, we learn the provisions of section 378ZG 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 378ZG 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 378ZG 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.378ZG
Section NameDuties of auditor under this Chapter
Monthly Updated EditionCompany Law PDF

Section 378ZG: Duties of auditor under this Chapter

Without prejudice to the provisions contained in section 143, the auditor shall report on the following additional matters relating to the Producer Company, namely:—

  • (a) the amount of debts due alongwith particulars of bad debts, if any;
  • (b) the verification of cash balance and securities;
  • (c) the details of assets and liabilities;
  • (d) all transactions which appear to be contrary to the provisions of this Chapter;
  • (e) the loans given by the Producer Company to the directors;
  • (f) the donations or subscriptions given by the Producer Company;
  • (g) any other matter as may be considered necessary by the auditor


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