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According to the Companies Act, a person or their relative or partner who is indebted to the company for an amount exceeding Rs. 5,00,000 is disqualified for the appointment of an auditor. This means that if an individual, their relative, or their partner owes the company an amount exceeding Rs. 5,00,000, they cannot be appointed as the auditor of that company. This provision is in place to ensure independence and impartiality in the audit process, as individuals with significant debts to the company may have a conflict of interest or be influenced by their financial obligations.
NABARD is working towards helping the farmers tackling the adverse impact climate change.For this purpose it has collaborated with __________ and Bill a...
__________ has introduced two new Debit Card variants designed to cater to specific segments of its esteemed customers & have been meticulously design...
Army and the Air Force took part in exercise 'Dakshin Shakti' which was held in __________.
Which Indian state recently won best project award at UN World summit?
How much was spent on the renovation of the Periyar memorial in Vaikom?
Which Union Minister inaugurated the Pradhan Mantri Colleges of Excellence in all 55 districts of Madhya Pradesh?
Which major infrastructure project in Myanmar did the junta revive with Chinese support in 2024?
Which airbase hosted Exercise Eastern Bridge VII, involving Indian and Omani air forces in 2024?
Asset Reconstruction Companies will have to deduct unrealised management fees where the net asset value of security receipts has fallen below _____ of t...
Which of the following Act provides reservation for Scheduled Castes, Scheduled Tribes, and Other Backward Classes in educational institutions?
