§ Mr. TOUCHEasked the Under-Secretary of State for India whether he was aware that at the recent annual meeting of the Bank of Bombay, or Presidency Bank, a Parsee gentleman, with the slightest qualification as an accountant and no professional training, was elected as auditor; and whether he would impose upon the Presidency Banks the obligation of their audit being conducted by chartered accountants?
§ Mr. MONTAGUAt the last annual meeting of the bank, held in August last, the existing auditors, one of whom was a Parsee gentleman, were re-elected. It is not proposed to interfere with the action of the shareholders in re-electing him.