That is cooling off period for an auditor where company has to appoint another auditor after taking service from same auditor for 5 consecutive years ... After 5 years of cooling off period, an auditor can again be reappointed by the company
For a partnership firm same is applicable for 10 years but cooling off period remains 5 years & an individual partner can still render only 5 years of service to a compay & 5 another years may have to be completed by another partner
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