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Appointment of auditors


Arundhati Raychaudhuri (no designation)     01 September 2019

Arundhati Raychaudhuri
no designation 
 5 likes  340 points

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Can CAG appoint an auditor for a period of three years? It's an audit firm. The max. terms can be two and each term consists of five years. Am l right? If not, please throw some light on this matter.

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Gourav Goyal   03 September 2019

Gourav Goyal

 4 points

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CAG appoints auditor for govt companies only which can be maximum of one year

Arundhati Raychaudhuri (no designation)     03 September 2019

Arundhati Raychaudhuri
no designation 
 5 likes  340 points

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Can you please refer the relevant section?

avater

Gourav Goyal   03 September 2019

Gourav Goyal

 4 points

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It is Sec 139 of Companies Act '13


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