Clarification
This query is : Resolved
CA Nitin Wadhwani
(Querist)
27 August 2008
author : teena banwari
Posted On : 8/27/2008 9:02:50 PM
Is preference share holder of a company can do an audit of same company ?
Expert : Jitender
Posted On : 8/27/2008 11:00:14 PM
yes ,he can do.
Plz Provide Relevant Provision Of Companies Act or Any other Act.
Posted On : 8/27/2008 9:02:50 PM
Is preference share holder of a company can do an audit of same company ?
Expert : Jitender
Posted On : 8/27/2008 11:00:14 PM
yes ,he can do.
Plz Provide Relevant Provision Of Companies Act or Any other Act.
28 August 2008
as per sec 226 when an auditor holds security having voting right ,then he can't be the auditor ,otherwise he can be.
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