A person rendering a service barred by section 144 to the company is what?
AEligible if Board agrees
BIneligible as its auditor
CEligible if the fee is nil
DEligible for one year
Answer & Solution
Correct answer: B. Ineligible as its auditor
Section 141 links to section 144, so rendering a barred non-audit service, directly or indirectly, disqualifies the person.
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