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Appointment of auditor in agm, 2014

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(Querist)
08 August 2014 Respected members, i have a querry related to the period of appointment of auditor. In AGM,2014 we will appoint auditor for a period of five years acc. to companies act,2013 or for a period of one year? Please resolve my querry.
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CS JAY GOHIL

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CS JAY GOHIL (Expert)
09 August 2014 transition period of 3 years is provided in law for accepting this provisions. so it is depends on you weather go to old provisions or new for this year
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