Rotation Of Auditor

Dear Sir,
as we Know that as per sec139(2) Auditor who has completed his term shall not be eligible for re-appointment as an auditor in the same company for 5/10 years from the completion of his term;
My Question is
is that auditor is not eligible for only that company or its subsidiary / Holding company also?

1 answer

Ravi Staff April 2, 2019

not eligible only for that company
he is eligible for subsidiary , holding etc


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