Appointment of auditor

This query is : Resolved 

01 May 2015 Under Companies Act, 2013, audit appointment is required to be done for 5 years but is subject to ratification at every AGM.
Can an auditor be appointed for a period of less than 5 years?
If any auditor is appointed for 5 years, is ADT 1 required to be field every year?
Thanks

04 May 2015 1. No. Appointment of auditors shall be made for a 5-year term subject to ratification at every AGM.

2. No.


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