Which of the following shall be eligible for appointment as an auditor of a company, as per Section 141(3) of the Companies Act, 2013?
Following person/s shall not be eligible for appointment as an auditor if he, or his relative or partner —
(i) is holding any security of or interest in the company or its subsidiary, or
of its holding or associate company or a subsidiary of such holding company:
Provided that the relative may hold security or interest in the company of
face value not exceeding one thousand rupees or such sum as may be prescribed;
(ii) is indebted to the company, or its subsidiary, or its holding or associate
company or a subsidiary of such holding company, in excess of such amount as
may be prescribed; or
(iii) has given a guarantee or provided any security in connection with the
indebtedness of any third person to the company, or its subsidiary, or its holding
or associate company or a subsidiary of such holding company, for such amount as may be prescribed.