Appointment of auditor u/s 139

This query is : Resolved 

04 December 2014 Hello Everyone,
I have an query in section 139 of the companies act, 2013. If the auditor firm has been appointed every year in agm from last 2 years. Now if company want to appoint firm for next 5 years, can she do it? if no then how many years appointment can be done?
can anyone please explain the exect provision?
Thank you.

04 December 2014 the ans is no as now only max 3 years the same auditor can be reappointed as per sec 139(2)


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