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Rotation fo auditors

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(Querist)
05 June 2019 Dear Experts

Rotation of auditors is not applicable to Private limited companies with share capital less than Rs 50 crores or 20 crores?
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
05 June 2019 Rs. 50 crores vide Notification GSR 621(E) dated 22-06-2017.

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