Company audit

Others 733 views 1 replies

Dear Friends,

In compny Audit, as per section 226(3) "a body corporate" can not be appointed as an auditor of compnay because it has a limited liability.

May someone provide reason/logic behind this.

 

Thanks,

Replies (1)

Dear Mohan,

A body corporate cannot be appointed as an Auditor becouse it has limited liability.

 

Thanks


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