Appointment of auditor

This query is : Resolved 

15 March 2015 whether appointment of auditor for term 5 years is compulsory for all companies ... During last AGM auditor appointed for year 2014-15 only for one year.. It correct as per law.. what are consequences if not appointed for 5 years .. what is the solution to overcome this issue?

16 March 2015 5 years is the maximum time.any company can appoint auditor for less period. if auditor is appointed for less than 5 years, then he can be appointed.

Regards
Swati Sethi
swati.sethi05@gmail.com



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