As per ca act, kya director of subsidiary company,associate company and joint venture become auditor of holding company. (clause 9)

Questions › Category: CA-Final Prof Ethics › As per ca act, kya director of subsidiary company,associate company and joint venture become auditor of holding company. (clause 9)

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Mohit Kumawat asked 6 years ago

As per ca act, kya director of subsidiary company,associate company and joint venture become auditor of holding company.

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Ravi Staff answered 6 years ago

icai has announced — director of holding company cannot become auditor at subsidiary. they are silent about director of subsidiary, associate, joint venture whether they can become auditor of holding, it is not prohibited by company act 2013 if not disqualified under any other act then they can become auditor.