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Company auditor

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(Querist)
16 February 2015 can a auditor of subsidiary can be an auditor of holding or VICE A versa is possible please clarify
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CA Deven

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CA Deven (Expert)
16 February 2015 AS PER NEW CO ACT ......NO
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MAHESH GIDWANI

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MAHESH GIDWANI (Querist)
21 February 2015 Sir pl clarify that auditor of subsidiary cannot be auditor of holding and auditor of holding cannot be auditor of subsidiary ?
i think it is not possible
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CA Deven

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CA Deven (Expert)
02 March 2015 yes it is not possible as per new co. act..
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