PPF or Savings A/c with SBI & Audit Eligibility?
This query is : Resolved
CA Parag Jani
(Querist)
26 May 2011
Dear Experts
I have a confusion regarding this one. Does haveing a PPF A/c or a Savings or Current Bank A/c with any of the SBI Branches affect the eligibility of the auditor as far as technicalities of the Law?
Will there be any difference if the auditor enjoys any of the credit limits provided by the bank i.e. Car/Home/Personal Loan or CC/OD?
Plz advise
I have a confusion regarding this one. Does haveing a PPF A/c or a Savings or Current Bank A/c with any of the SBI Branches affect the eligibility of the auditor as far as technicalities of the Law?
Will there be any difference if the auditor enjoys any of the credit limits provided by the bank i.e. Car/Home/Personal Loan or CC/OD?
Plz advise
27 May 2011
I think auditors of the bank can not have any loan but they can open SB or current account with bank
28 May 2011
I agree with Mr Battu
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