Appointment of auditor....????

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(Querist)
07 September 2011 A person is disqualified from being appointed as auditor of a company if he was disqualified from being appointed as aduitor of its holding or subsidary or the subisidary of that comapny's holding company......is the disqualification mentioned u/s.226 of companies act.

Now it is apparent that if a person is disqualified from being appointed as auditor of a company, he is also disqualified from being appointed as auditor of that comapnies subsidary, but for the subsidary of its subsidary.

For example...... A is subsidary of B. C is subsidary of A.Now if a person was disqualied from being appointed as auditor of B.Then he is also disqualified from bein appointed as auditor of A but not C.

Am i correct???????????????
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Dintakurthi Tirumala

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Dintakurthi Tirumala (Expert)
07 September 2011 Yes as per provision you are correct.
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
15 July 2023 "Sorry, I am not a featured member."

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