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Private ltd. co. - statutory audit

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(Querist)
18 August 2014 Can a CA wife in her independent professional capacity do statutory audit of a private limited co. where her husband is the managing director, by disclosure in audit report? Kindly advice! Thank You!
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Vivek Hebbar

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Vivek Hebbar (Expert)
20 August 2014 No. She is not qualified under the Companies Act to conduct audit of such company. Disclosure in audit report does not come into question.
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N Binoy

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N Binoy (Querist)
21 August 2014 Thanks, can you kindly advice the relevant sec/clause under the Act?
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