Commentary Part 16: Audit Chapter 6: Auditors’ Liability Section 532: Voidness of provisions protecting auditors from liability
818.This section restates the existing general prohibition, currently in section 310 of the 1985 Act, against a company indemnifying its auditor against claims by the company in the case of negligence or other default. Any such indemnities are void and unenforceable except where permitted by sections 533 to 536.