Auditor has a term upto 5 AGMs. Eg : If he is appointed in 2011-12 FY AGM and he will continue for 5 AGMs. Suppose in FY 2016-17, 2017-18 and 2018-19 no AGM is conducted. As per the act auditor will conduct audit only till FY since no AGM has been conducted he will continue then what audit will he do for the period 2017-18 and 2018-19 as he would have completed his audit of 2016-17.
ANSWERED Ravi answered January 10, 2019     Category:
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