Question
Which of the following is eligible for appointment as an
auditor of a company?Solution
Companies Act, 2013 - Section 141 – Eligibility, qualifications, and disqualifications of auditors A person shall be eligible for appointment as an auditor of a company only if he is a chartered accountant in practice. Where a firm is appointed as an auditor of a company, only the partners who are Chartered Accountants in practice shall be authorised by the firm to act and sign on behalf of the firm.
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