Question 5 Examine the following situations in the light of the Companies Act, 2013 (i) (ii) Mr. Ayush, a Chartered Accountant, has been appointed as an auditor of X Ltd. in the Annual General Meeting of the company held in September 2018, in which he accepted the assignment. Subsequently, in January 2019 he joined B, as a partner in the consultancy firm of Mr. B. Mr. B is also working as a Finance Executive of X Ltd. "Mr. Abhi", a practicing Chartered Accountant, is holding securities of Abhiman Ltd. having face value of 1000/-. Whether Mr. Abhi is qualified for appointment as an Auditor of Abhiman Ltd.?