Rotation of auditor for pvt ltd-non small company

Co Act 2013 227 views 2 replies

X An Individual Appointed As Auditor Of Pvt Ltd (Non Small) Company For 5 Consecutive Year And Completed 5 Year Term. X Also Partner In A Partnership Firm M/S XY. Can M/S XY Be Appointed As Auditor Of The Same Pvt Ltd Company For Next 5 Years. In The Light Of Provision Rotation For Firm Of CA Is For 10 Years.

Replies (2)

No, partnership firm cant be appointed as CA for next 5 years

refer section 141(3)(a)..it sets out eligibility criteria


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