BANK SEBI Grade A Phase 1 & Phase 2 Mock Test 2024 Legal Aspects of Business The Companies Act, 2013
Which of the following scenarios under Section 141 would NOT disqualify an individual from being appointed as an auditor?
1
Holding a nominal security in the company.
2
Being a partner in a firm that is indebted to the company.
3
Having a relative who is a key managerial personnel in the company.
4
Having been an employee of the company within the past three years.
5
Currently auditing another company in a legal dispute with this company.