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.
Who interpreted 'The Vedas contain all the truth'?
India’s First Festival of Inclusion, Purple Fest started in which state?
Which city in Uttar Pradesh is known as the 'City of Nawabs'?
Which of the following is considered a good indicator of economic growth?
According to the Expat Insider Ranking 2022 what was India’s rank out of 52 countries, in which Mexico topped the list?
When was the Lucknow Metro Rail Corporation Limited was formed?
Which is the largest stadium in Uttar Pradesh?
The headquarters of the newspaper “The Island” is based in which of the following country?
Which city in Uttar Pradesh is known for its Jain temples and pilgrimage sites?
The 2nd phase of 36 ‘Saansad Khel Mahakumbh 2022-23’ has been inaugurated in which district of the state Uttar Pradesh?
