Audit by directors

[SAKSHI AGARWAL]

Dear All,

Can a company appoint a chartered accountant firm as its statutory auditor in case his relative is doing its internal audit.

--

Best regards

Sakshi Agarwal

Practicing Company Secretary

Mobile: +91 99717 31199

[SAKSHI AGARWAL]

is it section 144 of CA 2013, once it comes into force, please confirm.

--
You received this message because you are subscribed to the Google Groups "ZEAL" group.
To unsubscribe from this group and stop receiving emails from it, send an email to ZEAL_SMTP+...@googlegroups.com.
For more options, visit https://groups.google.com/groups/opt_out.

[Varun Verma]

Hi Sakshi,

See as per my understanding, under related party... legal firms are exempted from the purview of sec 297, for audtors firms i will check and get back to you on this.

Many Thanks,

Veron

[SAKSHI AGARWAL]

Heyee Veron,

Pls chk out section 144 of CA, 2013. As per me if the relative of the CA firm is doing internal audit then the other relative cannot be appointed as statutory auditor. Pls confirm, if my understanding is correct.

Thanks in advance.