26 February 2015
if an individual (proprietor) is auditor for the financial year 2013-14 then for which period he can be appointed as an auditor of the same company.
1. if its private limited - Paid up capital Rs. 20 Crores or 2. If its public company - paid up capital is Rs. 10 Crores' or 3. any company which has outstanding borrowings from banks, financial institutions, deposits of Rs. 50 crores or more.
if any one of these conditions met then you can appoint your same auditor upto the financial year 2016-2017.