04 July 2015
There are two private cos A Pvt. Ltd. and B Pvt.Ltd. B Pvt. Ltd. holds 48% of shares of A Pvt. Ltd. Director of B Pvt. Ltd. is a partner of audit firm of A Pvt. Ltd.(i.e. h is auditor of A Pvt. Ltd.)
Is there any violation of Section 141 of Companies Act 2013?