CA in practise-Professional ethics
This query is : Resolved
CA Rohit Garg
(Querist)
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?
CA Ravi Sisodia
(Expert)
05 February 2011
That is not a professional misconduct.
CA Rohit Garg
(Querist)
05 February 2011
Sir can u elaborate a little?
CA Ravi Sisodia
(Expert)
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.
according to me this is not case of professional misconduct.
CA Rohit Garg
(Querist)
05 February 2011
Thnx for the reply sir..
CA Ravi Sisodia
(Expert)
05 February 2011
you most welcome
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