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This query is : Resolved 

18 March 2009 can a partner of a ca firm in practice become the Satutory
Branch Auditor of a PSB in his individual
capacity, or in the name of his proprietary firm in case firm in which is
partner is the SBA of another PSB.

18 March 2009 Yes, he can be appointed.

18 March 2009 EMPANELMENT CAN BE DONE EITHER FROM PARTNERSHIP FIRM OR FROM PROP.FIRM

18 March 2009 Proprietory firm as well as partnership firm will be disqualified form empanelment. Therefore, question of SBA,as cited,do not arise.


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