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Private ltd. co. - statutory audit


18 August 2014 Can a CA wife in her independent professional capacity do statutory audit of a private limited co. where her husband is the managing director, by disclosure in audit report? Kindly advice! Thank You!

20 August 2014 No. She is not qualified under the Companies Act to conduct audit of such company. Disclosure in audit report does not come into question.

21 August 2014 Thanks, can you kindly advice the relevant sec/clause under the Act?




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