Related party

This query is : Resolved 

07 August 2014 A & B are directors in Firm 1. B has stake in Firms 2,3 & 4. Can A be the auditor of Firm 2,3& 4??
Also, Firm 1 has stake 25% stake in Firm 2.

Please give me solutions with relevant laws and sections/ auditing standard..

07 August 2014 https://www.caclubindia.com/experts/related-party-1820124.asp



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