208A. Provisions indemnifying auditors Flashcards
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208A. Provisions indemnifying auditors
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General overview
[208A.01] The previous s 172 conflate the prohibition against a company indemnifying an officer or auditor against any liability for negligence, default, breach of duty or trust in relation to the company. Act No 36 of 2014 has separated the two: see the Report of the Steering Committee for Review of the Companies Act, April 2011, Chapter 4, paras 89–96.
