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Appointment of auditors

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(Querist)
18 December 2014 The provision relating to Rotation of Auditor under the Companies Act, 2013 applicable to all class of Private company?
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CS Mitesh Mehta

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CS Mitesh Mehta (Expert)
19 December 2014 No.

Only private limited companies
having paid up share capital of Rs. 20 crore or more and all companies
having public borrowings from financial institutions, banks or public
deposits of Rs. 50 fifty crores or more are covered

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