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Internal Audit ~ Statutary Audit

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01 October 2007 1) Mr T is a partner in XYZ Associates, Chartered Accountants and in ABC & Co., Chartered Accountants;
2) XYZ Associates is an Internal Auditor and is advisory to the management of M/s Wellrun Ltd;
3) Whether M/s Wellrun Ltd can appoint ABC & Co., Chartered Accountants as its statutory auditors u/s 224?
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gaurav goyal

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gaurav goyal (Expert)
01 October 2007 no, a partner cannot be appointed as the auditor if the other is already internal an auditor.
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