For Section 224(1B) of Companies Act, 1956, which is the relevant provision in Companies Act, 2013?
1 Replies
Sathish M
(Management Accountant)
(40581 Points)
Replied 14 August 2014
Section 141 of Companies Act 2013 - Number of Companies an auditor can audit - 20 companies in Total.
Private companies cannot appoint a person as a auditor if he is already auditor for 20 other Companies.
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