By Order no. 2350 of 24 January 2024, the Court of Cassation established that auditors (of a Company) are required to carry out regular inspections and supervisory activities in order to safeguard not only the membership of the Company, but also creditors.
For example, by avoiding any delay in the Company being officially declared bankrupt.
The function of auditors cannot be simply limited to verifying the appropriateness of decisions taken by Company management, but must be extended to ascertaining the legitimacy of choices and correctness of the decision-making procedures adopted.