us 139(2) mentioned about rotation of auditor , and made it mandatory to appoint or reappoint after 5years of cooling period.
so us 139(9)at any AGM,a retiring auditor shall be reappointment.
In this case can re-appointment be made before the cooling period of 5years?
139(9) says retiring auditor to remain as auditor of company in case no auditor is Ratified at Annual general meeting.
however if 5 yrs are completed of retiring auditor then he will not be deemed to be reappointed u/s 139(9)/(10).
However there is no provision to deal with such case in companies act.
But retiring auditor will not be reappointed in such case.
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