Appointment of an internal auditor in listed company

Internal Audit 226 views 1 replies

Hi

Can a relative of kmp be appointed as an internal auditor in a listed company? 

Replies (1)

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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