Hi
Can a relative of kmp be appointed as an internal auditor in a listed company?
1 Replies
Satya Lahiri Dandlamudi
(CA Final student)
(526 Points)
Replied 20 October 2017
Hey!
Section 138 of Companies Act, 2013 doesn't prescribe any disqualification for appointment as an internal auditor. Also, an internal auditor doesn't have to be independent. So yes, relative of kmp may be appointed as internal auditor of a listed company.
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