Appointment as director

Suppose XYZ & Co. is the auditor of POR & Associates and PQR & Associates is the auditor of ABC Private Limited. Now the question is that

Can the proprietor of XYZ & Co. become the director of ABC Private Limited?

Replies (1)

Dear Ritika,

 

Yes, he can become the director in ABC. The conflict of Interest would arise if the proprietor of XYZ were a partner in PQR and not otherwise.

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