Easy Office
LCI Learning

Private limited co auditor

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
01 November 2018 ABC Audit firm is having 3 partners A,B & C. Partner C is a relative ( brother) of Managing Director in XYZ Private limited. Can ABC audit firm be appointed as auditor of XYZ Private limited?
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
02 November 2018 Also the Managing Director holds 50% shares in the company.
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
03 November 2018 Dear Experts please your early rely will be highly appreciated
Upgrade to CAclubindia Pro. Subscribe Now!

Profile Image

CS Mitesh Mehta

Profile Image

CS Mitesh Mehta (Expert)
12 November 2018 NO. ABC Audit firm can't be appointed as auditor as MD being relative of partner is holding security in the company

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links