Company audit


This query is : Resolved 

26 September 2015 Can a CA his relative or partner can be indebted to holding subsidiary associate fellow subsydiary and company with 500000/- each or aggregate will be seen for all 5 Companies..?

26 September 2015 Please ask your query in unambiguous terms.

CA should NOT be indebted to the company of which s/he is statutory auditor

27 September 2015 Not aggregate. Up to Rs. 5 lakhs in each permitted by rule 10(2) of Companies (Audit & Auditors) Rules,2014.


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