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<h1>Auditor rotation applicability: professional body asked to withdraw an unauthorized clarification and explain its issuance under Companies Act governance.</h1> The Ministry of Corporate Affairs states that clarifications on the applicability of rotation principles under the Companies Act are within the Ministry's competence; a professional accounting body issued an unauthorized announcement about when a company ceases to fall under those rotation principles. The Ministry requests immediate withdrawal of the announcement and an explanation for issuing it without prior consultation or approval.