Appointment as Statutory Auditor

This query is : Resolved 

19 April 2010 I want to know that whether a member of ICAI holding full-time CoP and being a partner in CA Firm can be appointed as Statutory Auditor in his individual capacity by a company in its Annual General Meeting.

19 April 2010 Appointment as a statutory auditor with full time COP is not possible.

Views of other solicited.

19 April 2010 It will depend whether he is a full time partner in the firm or a non working partner in the firm. If he is employed full time in the firm then not possible and if not then possible.


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