Companies Act, 2013
Section - 141 - Eligibility, qualifications and disqualifications of auditors
Eligibility, qualifications and disqualifications of auditors.141. (1) A person shall be eligible for appointment as an auditor of a company only if he is a chartered accountant:Provided that a firm whereof majority of partners practising in India are qualified for appointment as aforesaid may be appointed by its firm name to be auditor of a company.(2) Where a firm including a limited liability partnership is appointed as an auditor of a company, only the partners who are chartered accountants shall be authorised to act and sign on behalf of the firm.(3) The following persons shall not be eligible for appointment as an auditor of a company, namely:-
| (a) | - | a body corporate other than a limited liability partnership registered under the Limited Liability Partnership Act, 2008 (6 of 2009); |
| (b) | - | an officer or employee of the company; |
| (c) | - | a person who is a partner, or who is in the employment, of an officer or employee of the company; |
| (d) |
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