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Auditor appointment and rotation in case of small companies

MCA 297 views 2 replies

Hello Everyone,

I want to know, whether the rotation is applicable to small companies.

Furthermore,  whether an auditor of a small company be reappointed every year or for 5 years.

And what to do if 23 B is already filed for FY 2013-14 appointing auditor for 1 year.

Replies (2)
No, section 139 (2) rotation of auditor will not be applicable for small companies as mentioned in rule 5

Thank you Priyanka Madam, Can u help me with other question also, 'whether an auditor of a small company be reappointed every year or for 5 years?'

 


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