5 Answers
5 Answers
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no he cannot reason being pretty simple...a statutory auditor is there to check whether the co.fulfills the legal obligation imposed upon company..if he himself becomes a stake holder..how can the govt rely upon his statement when he himself has vested interest..refer companies act section 226Modal content
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No he cannot be sec 226 of companies act disqualifies a auditor to be a stake holdeer of a companyModal content
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No.Modal content
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No, He can arbit for the companyModal content
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