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Companies Law - Highlights / Catch Notes

Home Highlights January 2018 Year 2018 This

Eligibility for appointment of auditor of a company - scope of ...

Companies Law

January 10, 2018

Eligibility for appointment of auditor of a company - scope of the term relative amended. - Section 141(3) of the Companies Act, 2013

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  1. Appointment of auditors - requirements of annual ratification by members with respect to appointment of auditors done away with - Section 139(1) of the Companies Act, 2013

  2. The penalty with respect to failure to file resignation by auditor reduced to fifty thousand rupees or the remuneration of auditors whichever is less - Section 140(3) of...

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