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.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro

Follow us
OR add as source on Google news


Answer Query