A management audit is an independent analysis of a company's overall activities, which is a valuable tool for determining the company's functions, efficiency, achievements, and accomplishments.
A Non-Banking Financial Company is a company registered under the Companies Act, 1956 or 2013, which acts as a bank but cannot be interchangeably used with Banks.
Statutory Auditors Certificate: Every NBFCs must file a Statutory Auditors Certificate providing that the company is engaged in the business of NBFC within one month from the date of finalization of the Balance Sheet.
Eligibility criteria for International Patent Protection in Electronics and Information Technology: The applicant for the patent protection should have registered The company under the MSME Development Act 2006.
Section 143 of the Companies Act, 2013, along with Chapter X the Companies (Audit and Auditors) Rules, 2014, provides the powers and duties of auditors.