Private limited co auditor


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Querist : Anonymous

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Querist : Anonymous (Querist)
01 November 2018 ABC Audit firm is having 3 partners A,B & C. Partner C is a relative ( brother) of Managing Director in XYZ Private limited. Can ABC audit firm be appointed as auditor of XYZ Private limited?

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Querist : Anonymous

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Querist : Anonymous (Querist)
02 November 2018 Also the Managing Director holds 50% shares in the company.

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Querist : Anonymous

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Querist : Anonymous (Querist)
03 November 2018 Dear Experts please your early rely will be highly appreciated

12 November 2018 NO. ABC Audit firm can't be appointed as auditor as MD being relative of partner is holding security in the company


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