17 June 2013
If a partner is disqualified u/s 226 being indebted to the company for an amount exceeding Rs.1,000/-, whether firm can still be qualified as Statutory auditor of the Company? Can any other partner of the firm can do the audit?
Guest
Guest
(Expert)
24 June 2013
24.06.2013
Dear Sir,
No, the audit firm is disqualified from conducting the statutory audit of the Company.
CAclubindia
