Rotation of statutory auditor

Prashant Panda | Last updated: 11 December 2019

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Can an Audit firm be re-appointed for a term less than 5 years - Answer is 'YES' Meaning of appointment: Appointment includes re-appointment. Term: Term means a period of five consecutive years Transition Period: Three years from the commencement of Companies Act, 2014 and rules there

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About the Author

Prashant Panda

Company Secretary Cum Head-Legal

Specialization :- Legal , Regulatory Secretarial complianceof corporate laws , Business Laws, Litigation Contract Management, Internal Audit , Risk compliance Management , IPR Laws, Due diligence including Corporate affairs (Liaison) Total Experience- 15+ years in Telecom, ISP, Cable TV Broadband Media Pos ... Read more

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