CAG has Constitutional Mandate to Audit Private Firms - Shashi Kant Sharma
New Delhi: The recent ruling of the Honorable Supreme Court is a landmark one and has removed, once for all, the doubts on the constitutional mandate to audit private firms by the CAG so far as it relates to revenue sharing with the Government. Our long time stand, that an entity using public resources in its business and sharing revenue with the Government can be audited by the CAG, has been vindicated by the Honorable Supreme Court.