The qualification and disqualification of a person to be appointed as an auditor of a company are provided in section __________ of the Companies Act, 2013.
The qualification and disqualification of a person to be appointed as an auditor of a company are provided in section __________ of the Companies Act, 2013.
The correct option is D 141
As
per section 141 of companies act, 2013, only chartered accountant can be
appointed as an auditor of any company in his individual capacity or a firm having
majority of partners practicing in India qualified for appointment.
A body corporate; an officer
or employee of the company; a person who is a partner, or who is in the
employment of an office or employee of the company; a person who, or his
relative or partner holding securities, is indebted or has given guarantee, has
business relationship with such company or associated companies; has business
relationship, a person whose relative is a director or is in the employment of
the company as a director or key managerial personnel, in employment; convicted
by a court etc are disqualified for appointment under this section.
As per section 141 of companies act, 2013, only chartered accountant can be appointed as an auditor of any company in his individual capacity or a firm having majority of partners practicing in India qualified for appointment.
A body corporate; an officer or employee of the company; a person who is a partner, or who is in the employment of an office or employee of the company; a person who, or his relative or partner holding securities, is indebted or has given guarantee, has business relationship with such company or associated companies; has business relationship, a person whose relative is a director or is in the employment of the company as a director or key managerial personnel, in employment; convicted by a court etc are disqualified for appointment under this section.
