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Please Help: AUDITOR APPOINTMENT

Posted Date : 21-Apr-2015 , 01:29:21 pm | Posted By: SHIKHA GUPTA

Category : Corporate Law | Answers : 0| Comments : 1| Hits: 166

As per section 141(3), an auditor is disqualified to become auditor if his relative has interest in any company. Definition of relative as in section 2 (77) of companies act read with rule 4 of companies (Specifcation & definition details) rules, 2014 spouse of brother or sister are not included in definition of relative. So, if spouse of brother or sister are 50% shareholder of a company, can our firm be appointed as auditor of that company?

Comments
Posted By : Manshi Baid 22-Apr-2015, 02:45:17
Yes the Firm can very well be appointed as an Auditor of the Company under consideration
 

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