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Clarification regarding sec 139(10)

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student
21 Points Joined June 2014
How a retiring auditor whose tenure of 5 years has just expired in a listed entity can be reappointed, in the case where the proposed auditor dies before his appointment?
Does sec 139(10) stands without withstanding any other provision in the act?
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On 30 September 2017 at 23:07 Report
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71 Points Joined June 2017
No auditor eligible after expiration of his tenure. So ineligible for appointment as auditor. For individual tenure is 5yrs only.
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On 01 October 2017 at 14:45
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71 Points Joined June 2017
rotation of auditor is applicable for
co specified u/s 139(2)
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On 01 October 2017 at 14:51
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CS Professional
1021 Points Joined April 2017
He and the firm in which he is a parent shall NOT be eligible to appoint or reappoint unless 5 years has been expired from the date of resignation as an auditor.
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On 03 October 2017 at 11:45
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24 Points Joined September 2017
if auditor is a firm than it will be eligible
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On 03 October 2017 at 19:56
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CS Professional
1021 Points Joined April 2017
In case of firm the tenure is of 2 terms. Each tearm compromise 5 years. So if company appointed any firm as an auditor then in such firm will be eligible to reappoint for maximum period of 5 years.

However in case of Individual he should held office of auditor maximum period of 5 years only.
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On 03 October 2017 at 21:58

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