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appointment of auditor
can a first auditor be appointed as subsequent auditor and for what term ?
Replies (3)
first auditor can be appointed as subsequent auditor if the company is not covered under rule 5 of companies act and if companies covered under rule 5 of companies at first I can be appointed as a subsequent auditor only for two terms.
for better understanding of the concept you can go and read the rule 5 and the rotation of auditor.
for better understanding of the concept you can go and read the rule 5 and the rotation of auditor.
thanks sir
Yes. The First Auditor can be appointed as subsequent Auditor in its first AGM.
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