04 November 2014
SIR, A CHARTERED ACCOUNTANTS FIRM IS CONDUCTING STATUTORY AUDIT OF A COMPANY FOR THE LAST SEVERAL YEARS AND CONDUCTED UPTO F.Y.2013-14 SIR, AS PER NEW PROVISION U/S 139(2)OF THE COMPANIES ACT,2013 A CHARTERED ACCOUNTANTS FIRM CAN BE APPOINTED AS AUDITORS MAXIMUM FOR 2 TERMS OF FIVE YEARS i.e. 10 YEARS SIR PLEASE GUIDE ME FROM WHICH FINANCIAL YEAR IT WILL BE COUNTED ? WITH REGARDS PANKAJ SRIVASTAVA