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As per Companies Act, 2013, a person is disqualified from being an auditor for a company if he/she, or his/her relative or partner: § is holding any security of the Company or its subsidiary or its holding or associate company or a subsidiary of such holding company, (note – the act provides that the relative may hold security or interest in the company of face value not exceeding Rs.1 lakh or such sum as may be prescribed) § is indebted to the company or its subsidiary or its holding or associate company or a subsidiary of such holding company in excess of Rs.5 lakh § has given guarantee or provided any security in connection with the indebtedness to company, its holding, subsidiary and associate Company in excess of Rs.1 lakh
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The ratio of the strength of Team A to that o...
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'Andy' and 'Ben' together can finish some work in 27 days. If 'Andy' alone can finish it in 45 days, then find the time taken by 'Ben' to finish the wor...
‘A’ and ‘B’ can do a piece of work in 25 days and 30 days, respectively. If they started the work together and worked on it for 8 days, then fin...
