Disqualification of auditor


Student CA Final

A pvt company named X supplies goods to a pvt company named Y Mr.B is a director in the company Y Mr.B is also the statutory auditor of company X Can Mr.B is disqualified from acting as the auditor of Company X
 
Reply   
 
Practicing Chartered Accountant

To best of my knowledge, auditor will be disqualified as per Sec 141 (3) (e) "..... a person or firm, having directly or indirectly, business relationship with the company.."

Also refer Rule 10 of Companies (Audit and Auditors) Rules


Total likes : 2 times

 
Reply   
 

LEAVE A REPLY

Your are not logged in . Please login to post replies

Click here to Login / Register  

 


×

  CCI MENU