Re-appointment of auditor

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Querist : Anonymous

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Querist : Anonymous (Querist)
03 November 2016 Dear Experts,
Mr. X is individual auditor for the period of 5 year plz clarify after complating the period of 5 year weather Mr. X can be re-appoint as an auditor or not

Regds
Mukesh

03 November 2016 As per section 139(2), Read with Rule 5 of Audit Rules, an auditor after completion of tenure of 5 years in the Company cannot be reappointed as the auditor of the Company


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