Appointment of Auditor


Pankaj Soni   16 September 2019

Pankaj Soni

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First Auditor appointed by Board of directors within 30 days from the date of incorporation till the conclusion of First AGM. (i.e. FY 2018-19)

In the First AGM, Can we appoint same auditor for Next 5 years from the first AGM ? (i.e. FY 2019-20 to 2023-24)

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Dipesh Jha (PRACTICE )     16 September 2019

Dipesh Jha
PRACTICE  
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Yes, you can appoint the same auditor for 5 yrs😊

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Nikeeta Bahar   24 September 2019

Nikeeta Bahar

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Dipesh, But How......?

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Pankaj Soni   25 September 2019

Pankaj Soni

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But as per the rules CA appointed for 5 years.

Here as a first auditor appointment which is for one year and after appointment of subsequent auditor of the same person as auditor for 5 years which is totally 6 years.

How it's Possible ?

 


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