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Is there any cooling period for the existing auditors after the expiry of their term?

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Gopal Gopal
Answered on February 13,2020

An individual auditor who has completed his term of five years shall not be eligible for re-appointment as auditor in the company for five years from the completion term of five years.

An auditor firm who has completed their two terms of five years shall not be eligible for re-appointment as auditor in the company for next five years from the completion of 10 year.

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