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Auditor

Corporate & Other Laws

An individual is eligible to be an auditor if he is a CA , as per section 141(1). Where is the condition relating to certificate of practice mentioned?

Aman Mahajan

CA Final

★ 19K+

29-Jun-21 17:33

265

Answers (1)

Best Answer

The word "chartered Accountant" is defined in section 2(17) which says that chartered accountant is the one who holds valid certificate of practice under the chartered accountants Act. In section 141 and throughout the Companies Act wherever the word chartered accountant is used we will understand it as practicing chartered accountant.