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Company fall under section 139(1) it is filed ADT-1 for FY 2014-15, can company appoint an auditor for period of 4 years for FY 2015-19. Is it compulsory to appoint auditor for five years subsequently???

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Posted By: Vijay oganiya 9 year(s) ago

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Section itself says that an auditor is appointed at an AGM for five years who shall retire at the subsequent AGM. If the auditor in appointment is to continue then ADT 1 can be filed for further 4 years, if other auditor and at the AGM then it should be for 5 years.

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