Urgent
This query is : Resolved
mohit agrawal
(Querist)
20 August 2014
Dear Sir,
one of my client say abc pvt ltd has sundry debtor Say xyz pvt ltd and the auditor of abc pvt ltd is director of xyz p ltd.Can director of xyz can audit the accounts of abc pvt ltd for financial year 2013-2014.
one of my client say abc pvt ltd has sundry debtor Say xyz pvt ltd and the auditor of abc pvt ltd is director of xyz p ltd.Can director of xyz can audit the accounts of abc pvt ltd for financial year 2013-2014.
Vivek Hebbar
(Expert)
20 August 2014
No. It will violate the provisions of the Companies Act if the amount is more than Rs.1000.
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