Devika Constructions Ltd. is due to appoint its statutory auditor at its upcoming Annual General Meeting. The Board shortlists three options: Mr.…
CA Intermediate · Corporate and Other Laws · MTP · January 2026
Devika Constructions Ltd. is due to appoint its statutory auditor at its upcoming Annual General Meeting. The Board shortlists three options: Mr. Arjun Malhotra, a practicing Chartered Accountant in individual capacity.KS & Associates LLP, a Limited Liability Partnership with three partners (all Chartered Accountants).Finplus Advisory Pvt. Ltd., a company providing financial consultancy services and staffed with qualified professionals. Based on the provisions of the Companies Act, 2013, which of the following entities may legally be eligible for appointment as statutory auditor?
Suggested Answer and Working Notes:
Correct Answer: Option (C)
(C) Both Mr. Arjun Malhotra and KS & Associates LLP
Topics: The Limited Liability Partnership Act, 2008, Management & Administration
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