In the event of a change or appointment of a stock transfer agent, the publicly traded company should contact the exchanges within seven days of the conclusion of the agreement with the share transfer agent. The listed company is expected to enter into a tripartite agreement between the existing share transfer agent, the new share transfer agent and the listed company, in the manner defined from time to time by SEBI, which will be placed at the subsequent meeting of the board of directors of the listed company. Review of the annual accounts and the legal auditor`s report with management prior to submission to the Board of Directors for approval, particularly with respect to: (a) issues that must be included in the Director`s statement of responsibility, which must be included in the Board`s report in accordance with the provisions of the 2013 Corporations Act; (b) changes in accounting practices and practices and the reasons for them, if any; (c) large accounting inflows that include estimates based on the exercise of judgment by company management; (d) significant adjustments to financial statements resulting from the results of the audit review; (e) compliance with the listing and other legal requirements relating to transactions (e) the publicity of transactions with related persons; and (f) qualifications in the draft audit report ii. Monitoring and monitoring of the auditor`s independence and performance, as well as the effectiveness of the audit process; iii. review of internal business lending and investment; iv. valuation of the company`s businesses or assets when necessary; v. verifying the adequacy of internal control systems with the management, performance of legal and internal auditors; Vi. Review of the adequacy of the internal audit function, if any, including the structure of the internal audit division, the staff and seniority of the Head of division, the reporting structure and frequency of the internal audit; (vii.) discussion with auditors prior to the start of the review on the nature and extent of the audit and verification to determine potential interests; (viii) verify the results of internal investigations by internal auditors into matters involving fraud or irregularities or failures of internal control systems of a physical nature, and notify the House of the matter; ix. to examine the reasons for a significant default to depositors, bondholders, shareholders (in the event of non-payment of declared dividends) and creditors; and x.
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