Can a firm having a partner who's relative is a director of a Company be appointed as the auditor under a different partner??? Or firm shall disqualify under section 141(3)(f)
Replies (3)
Guest
Proviso to the first sub-section says:
"...that a firm whereof majority of partnerspractising in Indiaare qualified for appointment..."
It means that every partner practicing in India must be individually qualified for their firm qualification.
In your question, one partner is disqualified in individual capacity, hence their firm is not qualified too.
CAclubindia
