Acceptance of statutory audit


This query is : Resolved 

07 July 2009 An auditor was a director of a co-op. bank during the year 2008-09. Now he has resigned from the post. Can he accept the audit of the said bank for the year 2008-09 after resigning from the post?.

07 July 2009 Yes he can accept the audit of the said bank for the year 2008-09 after resigning from the post.

As soon as he resignes from the post disqualification caused by section 226(3)(b) removed.

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