What is the definition of Relative for the purpose of the ICAI regulations where it prohibits the Chartered Accountants from auditing the books of accounts of "Relative". Is it according to the Companies Act or any ohter reference is mentioned.?
Amol Gopal Kabra (CA,CS,DISA) (Practicing CA) (8539 Points)
13 June 2009What is the definition of Relative for the purpose of the ICAI regulations where it prohibits the Chartered Accountants from auditing the books of accounts of "Relative". Is it according to the Companies Act or any ohter reference is mentioned.?
Ankur Garg
(Company Secretary and Compliance Officer)
(114773 Points)
Replied 18 June 2009
I think it is as per Companies Act, 1956.
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