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Section138
The Companies Act, 2013

Internal Audit

In force From 01 Apr 2014 Act 18 of 2013 As on 15 Oct 2026

Act 18 of 2013 Ministry Corporate Affairs Enacted 29 Aug 2013 In force 01 Apr 2014 Instruments 10

Section 138 of the Companies Act, 2013 deals with internal Audit. Such class or classes of companies as may be prescribed shall be required to appoint an internal auditor, who shall either be a chartered accountant or a cost accountant, or such other professional as may be decided by the Board to conduct internal audit of the functions and activities of the compan The Act came into force on 01 Apr 2014.

(1) Such class or classes of companies as may be prescribed shall be required to appoint an internal auditor, who shall either be a chartered accountant or a cost accountant, or such other professional as may be decided by the Board to conduct internal audit of the functions and activities of the company.

(2) The Central Government may, by rules, prescribe the manner and the intervals in which the internal audit shall be conducted and reported to the Board.

Section 138, The Companies Act, 2013 (Act 18 of 2013).

Made under this section, and citing it

10 instruments state that it was made under this provision — the power to make it comes from here, so a change to any of them changes what this section requires in practice. Newest first.

All subordinate legislation

Questions about Section 138

What does Section 138 of the Companies Act deal with?

Section 138 of the Companies Act is headed "Internal Audit". Such class or classes of companies as may be prescribed shall be required to appoint an internal auditor, who shall either be a chartered accountant or a cost accountant, or such other professional as may be decided by the Board to conduct internal audit of the functions and activities of the compan

How do I find court cases under Section 138 of the Companies Act?

In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Companies Act 138, section 138 Companies Act, section 138 of the Companies Act. People searching for it also type companies act 2013 section 138. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.

What should I read with Section 138 of the Companies Act, and has it changed?

The rules and notifications made under it are where it actually bites, and there are 10: most recently G.S.R 40(E) Companies (Accounts) Amendment Rules, 2023 (2023), then G.S.R 408(E) Companies accounts second amendment rules 2023 dated 31.05.2023 (2023), and 8 more.

When did Section 138 of the Companies Act come into force?

Section 138 of the Companies Act, cited as Companies Act 138, came into force on 01 Apr 2014, having been enacted on 29 Aug 2013. It is in force as at the date shown on this page.

Other sections of this Act

Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Text as in force on 15 Oct 2026. This page is not a substitute for legal advice.