State, whether the following persons are eligible to be appointed as auditor of a company under the provisions of the Companies Act, 2013: Manju is working as purchase manager in RST Ltd. directors RST Ltd. want to appoi
CS Executive · Company Law and Practice · PYQS · June 2024
State, whether the following persons are eligible to be appointed as auditor of a company under the provisions of the Companies Act, 2013: Manju is working as purchase manager in RST Ltd. directors RST Ltd. want to appoint Vaibhav, husband of Manju as an auditor of the company.
Answer & Explanation:
In this case, since Manju, wife of Vaibhav, (Chartered Accountant) is the Purchase Manager (not a director or KMP) of RST Ltd. Hence, Vaibhav will not be disqualified to be appointed as an auditor in the said Company.
Topics: Audit and Auditors
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