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Justify giving reasons whether the appointment of auditors in the following cases is in compliance with the requirements of Companies Act, 2017. Madison, a British
Justify giving reasons whether the appointment of auditors in the following cases is in compliance with the requirements of Companies Act, 2017.
Madison, a British citizen, has recently joined Humayun and Company (HC), a firm of Chartered Accountants, as a Director with a commitment of being promoted as a partner in due course. HC is the auditor of Strawberry Limited (SL). Madison was previously associated with SL as a Director. He left that job in 2011 but still holds 1,000,000 shares in SL.
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