ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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L & T Statutory Auditors Responsibility

The many bulwarks erected under law to protect the shareholders' interests crumbled without even token resistance when faced with the Ambanis' grand design in the Larsen & Toubro affair. The auditors of L &T now have the responsibility of conveying to the shareholders their views on the acts of omission and commission by the board of directors of the company. Will they prove equal to the task?

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