The Auditor should identify and report all events/actions having major bearing on the Company's affairs/Governance in pursuance of the applicable laws, rules, regulations, guidelines, standards, all information which hav

An Event/action may be considered as having major bearing on Company's affairs includes the following situations: Events/actions altering the Incorporation documents of the Company. Changes in the Capital structure of the company. Change in the affairs/management of the company. Change in the licensing or permission for the business operation of the company. Capacity expansion and utilization of the company. Sale/Disposing of the substantial assets of the company. Entering in to Joint ventures agreements etc. Conclusion: these are among those events which have major effect on the company.