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2022 Views 2 Ans

Can a small company which is not subject to restrictions under Sec 139(2) of CA 2013, appoint statutory auditor for a period less than 5 years in AGM?

Auditors

Posted By: Latha 10 year(s) ago

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    SUSHIL KUMAR ANTAL

Every Company has to appoint statutory auditor till the conclusion of every sixth meeting except those companies who falls under sub-section (2) of Section 139 of the Companies Act, 2013.

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Expert    Ankit Singhi

No, compliance of section 139 (1) is mandatory

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