13 April 2016
if A & B are two partners of AB & CO. and X relative of Mr A, holds security in MNO Ltd. of Rs.110000. Can Mr B appointed as an auditor of MNO ltd?
13 April 2016
No as X is disqualified to act as an auditor of the Company,as an auditor should be an unbiased and independent person to enter into a contract
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