Amendment to auditor appointment rules removes a prior proviso, altering statutory conditions for auditor appointment and compliance. The Companies (Amendment) Act, 2017 deletes the first proviso to section 139(1), removing a previously operative conditional provision related to auditor ... Summary
Amendment to auditor appointment rules removes a prior proviso, altering statutory conditions for auditor appointment and compliance.
The Companies (Amendment) Act, 2017 deletes the first proviso to section 139(1), removing a previously operative conditional provision related to auditor appointment and thereby altering the specific statutory condition that applied to appointment or continuance of auditors under that subsection.
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