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  3. A was auditor of X Ltd for 3 consecutive years and resign. He takes 1 yr break and was again appointed as auditor. Will he be eligible for 1 more year taking the break as continuous year or ineligible taking break as fulfiling requirement of rotation and rotation applibale immediately after the break taken?
Questions › Category: Co. Audit - I › A was auditor of X Ltd for 3 consecutive years and resign. He takes 1 yr break and was again appointed as auditor. Will he be eligible for 1 more year taking the break as continuous year or ineligible taking break as fulfiling requirement of rotation and rotation applibale immediately after the break taken?
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Bijay Babu BanstolaBijay Babu Banstola asked 6 years ago
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RaviRavi Staff answered 6 years ago

We generally solve queries in 24 hours but, sir was not well so could not solve queries of past few days, but it is expected that today onwards sir will be solving all queries in due time.

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RaviRavi Staff answered 6 years ago

break will lead to completion of term. rotation will be applicable immediately.