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JANSI
Dec 2, 2008, 03:27 AM
If the private limited companies 2 directors died in accident (the company have only two directors). The assets of the company also destroyed in that accident. What about the responsibility of auditor of the company. Give suggestion in this case

excon
Dec 2, 2008, 05:10 AM
Hello J:

Was it a plane crash that killed 'em? Was the plane the only asset? The auditor should say a prayer.

excon

Fr_Chuck
Dec 2, 2008, 06:09 AM
Well since this is the third exact question, it appears someone has a new law school question.

A poor one since in real life this goes into probate basically, but still guess they are changing some of the old home work questions.