Who is eligible for auditor position?
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1 Answer
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As per the Section 141 of India Code, a person is eligible for the appointment as an auditor of the company. Do note that the professional is eligible only if she/he is a chartered accountant provided that a firm whereof the majority of the partners practicing in India are qualified for appointment since the aforesaid can be appointed by the firm name to be the auditor of the company.
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