disqualification of auditor

This query is : Resolved 

27 March 2008 If ABC is a partnership firm, analyse whether disqualification provisions are attracted if
A is indebted for amount of Rs 400
B is indebted for amount of Rs 300
C is indebted for amount of Rs 500?

thank you

28 March 2008 no, Firm whose all or any of partner is indebted to company for sum of 1000 can not audit

28 March 2008 a firm is not disqualified as auditors of the company as d prov r nt attracted of the companies act


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