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Start learning 50% faster. Sign in nowAccording 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.
After a prolonged period of hot and dry weather, some parts have been given Drought status by which country recently?
Grameen Udyami Project to augment skill training in tribal communities for their inclusive and sustainable growth is funded by _______?
What is the primary objective of the amendments approved by the Defence Acquisition Council (DAC) for the MQ-9B UAV deal with the U.S.?
On which days of the Tibetan Lunar Calendar is the Kagyed Dance Festival celebrated?
What significant milestone did IREDA achieve in its annual financial results for FY 2023 - 24?
Which company is setting up the data centres in the Vizag Tech Park?
How much allocation was made for the PM eBus Sewa-Payment Security Mechanism scheme by the Union Cabinet?
Zee Entertainment Enterprises (ZEE) has settled securities law violations with the Securities and Exchange Board of India (SEBI) by paying _______ as se...
Which projects will be developed by the joint venture company formed between NTPC Ltd. and NPCIL?
The Reserve Bank of India (RBI) has revised investment norms for commercial banks, making it more rigid as it created a new category namely – fair val...
