A person or their relative or partner who is indebted to the company for an amount exceeding what threshold is disqualified for the appointment of an auditor?
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.
Statements:
A < L ≤ P > D; F > W = P > S ≥ T
Conclusion:
I. S > L
II. F ≥ A
Statement: F < G; H ≥ I; H ≥ K; I > G ≥ J
Conclusion:
I. G > K
II. K > J
Statements:K < L,L ≥ M,M > N
Conclusions: I. K < M II. N > K
Statements: O ≥ M > F, K ≤ J ≤ D = F, B ≤ Z ≤ L = K
Conclusion:
I. M > L
II. D ≥ B
Statements: L < M > P ≥ Q; N > O > M
Conclusions:
I. N ≥ Q
II. O > L
III. L = Q
Which one the following symbols should replace the question mark in the given expression, in order to make the expressions M ≤ J as well as O > L ...
Statement:M = C ≥ A = V < Q = S
Conclusions:
I. M ≥ V
II. A < S
Statements:
P ≥ Q = R; S = T ≤ U ≥ P
Conclusion:
I. R < S
II. T ≤ Q
Which of the following symbols should replace the sign (@) respectively in the given expression in order to make the expression P ≥ O and D > K defin...
Statements: J < K = L ≥ M ≥ P; F ≥ K < G
Conclusion I. J < G II.F ≥ P
...