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Appointment of Auditor


Pankaj Soni   16 September 2019

Pankaj Soni

 1 likes  37 points

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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)

avater

Dipesh Jha (PRACTICE )     16 September 2019

Dipesh Jha
PRACTICE  
 36 likes  655 points

View Profile | My Other Post

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

avater

Nikeeta Bahar   24 September 2019

Nikeeta Bahar

 3 likes  43 points

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Dipesh, But How......?

avater

Pankaj Soni   25 September 2019

Pankaj Soni

 1 likes  37 points

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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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