BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A body corporate other than LLP
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Limited Liability Partnership
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An individual who is a qualified CA
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Partnership Firm
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Detailed explanation-1: -A person who is convicted of an offence involving fraud and a period of ten years has not elapsed from the date of such conviction. 11. A person who directly or indirectly renders any service referred to in section 144 of the Companies Act, 2013 to the company or its holding company or its subsidiary Company.
Detailed explanation-2: -A body corporate has limited liability and hence it cannot be appointed as an auditor of the company. For ensuring the independence, an officer or an employee of the company are also disqualified to act as an auditor of the company.
Detailed explanation-3: -a) a body corporate other than a limited liability partnership registered under the Limited Liability Partnership Act, 2008; As per clause (a), all body corporates except LLPs are disqualified be an auditor of a company.
Detailed explanation-4: -Below are the persons who are not eligible for appointment of auditor of the company: A body corporate. An officer or employee of the company. A person who is a partner of an officer or employee of the company.