Question ID :
Rotation of Auditor for Pvt Ltd-non small company
X an individual appointed as auditor of Pvt Ltd (non small) company for 5 consecutive year and completed 5 year term.
X also partner in a partnership firm M/s XY.
Can M/s XY be appointed as auditor of the same Pvt Ltd company for next 5 years. In the light of provision rotation for firm of CA is for 10 years.
Ajay Bhalchandra Salagare
Jan 04, 2019
Companies Act, 2013