Tenure of auditor in case comp doesn't fall under sec 139(2)

This query is : Resolved 

21 January 2018 Can an individual auditor be appointed after a period of completion of 5 years in a company which does not fall u/s 139 (2) after a period of 5 years ?Or cooling period of 5 years is applicable for them as well ?...if not then what difference does it make if company is eligible for rotation or not?

21 January 2018 Can be reappointed for a term of five years.

22 January 2018 What extra privilege does a company gets if it is covered u/s 139(2) over a company not covered u/s 139(2)?


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