Abhishek PanegalAbhishek Panegal asked 2 months ago

Dear Sir,
In this question why can’t we also give reference about disqualification u/s 141(3) as it is that CA is appointed in office of MD where he is already Stat Auditor for FY. Kindly clarify 

1 Answers
RaviRavi Staff answered 2 months ago

As per Sec 141(3) directors of the same company cannot become auditors But they didnt disqualify directors of holding company or subsidiary etc  hence Sec 141(3) is not referred 

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