https://www.taxtmi.com/circulars?id=52416 The audit committee, where constituted, must evaluate proposed auditors' qualifications, experience and any disciplinary or legal proceedings and recommend individuals or firms to the Board; the Board may accept or return recommendations with reasons and must present its recommendation to members if disagreement persists. Members appoint auditors at the annual general meeting for a fixed multi year term subject to annual ratification. Rotation rules prevent incoming auditors associated with outgoing auditors under the same network or brand, require consideration of prior service for tenure calculations, and provide for staggered rotation of joint auditors. en-us Mon, 09 Sep 2013 00:00:00 +0530 Tue, 10 Sep 2013 14:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=52416 The audit committee, where constituted, must evaluate proposed auditors' qualifications, experience and any disciplinary or legal proceedings and recommend individuals or firms to the Board; the Board may accept or return recommendations with reasons and must present its recommendation to members if disagreement persists. Members appoint auditors at the annual general meeting for a fixed multi year term subject to annual ratification. Rotation rules prevent incoming auditors associated with outgoing auditors under the same network or brand, require consideration of prior service for tenure calculations, and provide for staggered rotation of joint auditors. Circulars Companies Law Mon, 09 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/circulars?id=52416