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Companies (Removal of Difficulties) Third Order, 2016

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..... eived the assent of the President on 29th August, 2013 and section 1 thereof came into force on the same date; And, whereas, the provisions contained in section 139 , which provides for appointment of auditors has come into force on the 1 st April, 2014; And, whereas, sub-section (2) of section 139 of the said Act provides that no listed company and the prescribed class of companies .....

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..... isions of sub-section (1) of section 139 , the companies are required to appoint auditor at the annual general meeting who shall hold office from the conclusion of that meeting till the conclusion of sixth annual general meeting; And, whereas, difficulties have arisen regarding compliance with the provisions of third proviso to sub-section (2) of section 139 in so far as they relate to the .....

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..... is required to comply with the provisions of this sub-section, shall comply with requirements of this sub-section within a period which shall not be later than the date of the first annual general meeting of the company held, within the period specified under sub-section (1) of section 96, after three years from the date of commencement of this Act. . [F. No. 1/33/2013-CL-V] (Amardeep S .....

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