employee or officer of holding company can appoint as an auditor of its subsidiary company.

as per section 141 eligibility and disqualification of an auditor.
auditor shall disqualified if it is-

employee or officer of the company.

my question is part time employee of comapny can appoint as an auditor of its subsidiary company.
Replies (1)

no. the auditor should be a practicing, independent CA, not to be in employment.

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