Can a Director of a Private Ltd. Company (or the Firm in Which such Director is Partner) be the Auditor of that Company??
Puneet Gupta (student) (40 Points)
14 December 2009Can a Director of a Private Ltd. Company (or the Firm in Which such Director is Partner) be the Auditor of that Company??
Max Payne
(employed)
(2569 Points)
Replied 14 December 2009
Not allowed. Please see in section 226 of the Companies Act.
Just google it ,or go to mca.gov.in or vakilno1.com to get the act.
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