in auditing and reviewing its 2014 and Q1/2015 financial statements where the auditor expressed qualified opinions due to limitation on scope of audit imposed by the company management. EIC must submit
indicating that rules or conditions to be waived are immaterial to the consideration of that case; (b) There is certain limitation under any other law causing the company unable to comply with rules or
accounting principles. Moreover, the auditor was unable to find sufficient supporting evidence to satisfy the audit procedures due to limitation on scope of audit imposed by the PICNI management in various
or complies with the rules or conditions for obtaining an approval according to this Notification, but there is a certain fact indicating that the purpose or the substance of such offering is to avoid
’ qualified opinions resulted from limitation on their scope of audit/review. Hence, the auditors were unable to obtain sufficient and appropriate audit evidence with respect to valuation of investment in PT
of Limitation and Settlement Committee _________________ Division 1 Administrative Sanction _____________ SECTION 67 The administrative sanctions are as follows: (1) probation; (2) administrative fine
specified by the Minister. SECTION 66 In the execution of his duties under this Act, the competent officer shall be an officer under the Penal Code. UNOFFICIAL 16 Chapter 8 Sanctions, Statute of Limitation
limitation to only debt securities, excluding company licensed to also undertake finance business. “Finance and securities company” means a company licensed to undertake finance business, and securities
category of securities finance business, mutual fund management, securities brokerage, investment advisory service, securities dealing or securities underwriting without limitation to only debt securities
. (AIE) and its parent company, Asian Insulators Plc. (AI), to cooperate with the auditors in auditing their 2014 financial statements where the auditors were unable to express opinions due to limitation