05 February 2011
Suppose CA in practise is a auditor of a Company say A ltd and the same CA is a major shareholder of another company namely B ltd. If B Ltd. is the sister concern of A Ltd, whether the appointment of the CA for A Ltd. is valid as per professional ethics of ICAI?
05 February 2011
CA is a auditor in A ltd. and shareholder in B ltd(sister consern of A ltd.) according to me this is not case of professional misconduct.