Disqualification of an auditor
This query is : Resolved
07 July 2010
1)Can a relative of shareholder be an auditor of a pvt ltd. or public ltd. co.??? 2)What if the auditor is the relative's wife or brother??
3)Can a promoter's relative be an auditor of a pvt ltd. or public ltd. co.?
Will anybody please clarify this i am in a bit ambiguity.....
3)Can a promoter's relative be an auditor of a pvt ltd. or public ltd. co.?
Will anybody please clarify this i am in a bit ambiguity.....
Ankur Garg
(Expert)
07 July 2010
1. YES
2. Not able to understand the case. Please explain
3. No...it is not advisable to appoint promoter's relative as an auditor of a pvt ltd. or public ltd. co keeping in view the auditor's independence.
You may also check section 226(3) and (4) for auditor's disqualification.
Regards
2. Not able to understand the case. Please explain
3. No...it is not advisable to appoint promoter's relative as an auditor of a pvt ltd. or public ltd. co keeping in view the auditor's independence.
You may also check section 226(3) and (4) for auditor's disqualification.
Regards
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