One of the Private Ltd company having My Sister and her sons are the Directors
Can I accept the appointment as a Statutory Auditor
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Acceptance of Statutory Audit
Replies (3)
Clause (f) of Section 141(3) of Companies Act,2013 specifically deals with such situation which says that a person whose relative is a director or KMP of the company shall not accept such engagement as an auditor.
you cann't appoint. Agree with Harshal Totla.
No sir. Co.act states that no person shall be appointed as a statutory auditor of that company in which his relative is a director or KMP of that co.. u cant.
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