Appointment of auditors

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Can CAG appoint an auditor for a period of three years? It's an audit firm. The max. terms can be two and each term consists of five years. Am l right? If not, please throw some light on this matter.

Replies (3)
CAG appoints auditor for govt companies only which can be maximum of one year

Can you please refer the relevant section?

It is Sec 139 of Companies Act '13

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