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<h1>India's Ministry of Industry Clarifies Auditor Appointment Rules u/s 224(1) of Companies Act 1956.</h1> The circular from the Government of India, Ministry of Industry, Department of Company Affairs, dated March 2, 1990, addresses the Institute of Cost and Works Accountants of India regarding Section 224(1) of the Companies Act, 1956. It clarifies that when auditors provide a certificate under this section, they must consider not only their current appointments as auditors in companies but also any proposed appointments for which they have given consent. The communication aims to ensure compliance with the provisions governing auditor appointments.