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Q & A

1379 Views 3 Ans

Dear Team Companiesact.in, Greetings from CA Rahul Srivastava. I really appreciate the initiative for spreading awareness about new companies act. My question is that My Father is a Chief Finance Office of Company ABC Ltd, ABC had recently acquired 100% stake in another company called XYZ Ltd. My question is whether i am eligible to be appointed as an Auditor of XYZ, consdering the fact that my father will be a Key Management Person as the new Definition in Companies Act 2013. Thanks and best wishes

Auditors

Posted By: Rahul srivastava 10 year(s) ago

This question has been closed if you want to answer,you have to re-open.


    DEVALLA RAMPRASAD

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    DEVALLA RAMPRASAD

i believe the answer is a clear no -- independence will be impaired

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    DEVALLA RAMPRASAD

i believe the answer is a clear no -- independence will be impaired

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