Question : Opting out of Assignments by Auditors

(a) whether since January, 2018, close to three dozen auditors have opted out of their assignments in listed companies and if so, the details thereof along with the names of the companies;

(b) whether the Government has asked the companies the reasons for their departure and if so, the details thereof and the response of the companies thereto;

(c) whether any lapse/fraud in these companies has come to the notice of the Government;

(d) if so, the details thereof and the steps taken/being taken by the Government in this regard; and

(e) the measures taken by the Government to strengthen the overall corporate governance standard in listed companies?

Answer given by the minister

THE MINISTER OF CORPORATE AFFAIRS (SHRI PIYUSH GOYAL)

(a) to (e) A statement is laid on the Table of the House.

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