Question related to company audit.
Member of a Company A LTD appointed an auditor named Ram in General meeting by passing ordinary resolution. Ram i a relative of 1 of the director(Laxman) of company . During the time of appointment of auditor Laxman was a nominated Director.
Question is whether Ram can act as Auditor of A LTd?
And if not they please specify the valid reason for it.
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Question related to company audit.
Replies (1)
Such an auditor cannot be appointed as he guilty of professional misconduct under the CA Act, 1949.
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