https://www.taxtmi.com/acts?id=18332 The Audit Committee must recommend to the Board an individual auditor or audit firm to replace the incumbent on expiry of term; where no committee exists the Board shall itself consider rotation and recommend appointment to members at the AGM. Prior years before commencement count toward consecutive years limits. Incoming auditors are ineligible if associated with the outgoing auditor under the same network; a continuous five year break fulfils rotation and a partner moving firms renders the new firm ineligible for five years. en-us Mon, 31 Mar 2014 19:30:24 +0530 Mon, 16 Mar 2026 14:09:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=18332 The Audit Committee must recommend to the Board an individual auditor or audit firm to replace the incumbent on expiry of term; where no committee exists the Board shall itself consider rotation and recommend appointment to members at the AGM. Prior years before commencement count toward consecutive years limits. Incoming auditors are ineligible if associated with the outgoing auditor under the same network; a continuous five year break fulfils rotation and a partner moving firms renders the new firm ineligible for five years. Act-Rules Companies Law Mon, 31 Mar 2014 19:30:24 +0530 https://www.taxtmi.com/acts?id=18332