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problem1. The Companies Act 2001 is built on a number of fundamental principles which saturate its several sections and schedules. List and briefly describe its principles.

problem2. List out the ten major changes brought about by Companies Act 2001.

problem3. Give details of accounting records which are required to be kept by the company in accordance with the provisions of section 193 of the Companies Act 2001.

problem4. What professional qualifications should an auditor of company other than a mall private company possess?

problem5. Who shall not be appointed or shall not act as auditor of company?

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