alleryStart learning →For Chapter X on audit, the term appointment is stated to include what?
ARe-appointment of the auditor
BRemoval from the office
CResignation by the auditor
DFixing of the audit fee
Answer & Solution
Correct answer: A. Re-appointment of the auditor
The explanation under Section 139(1) makes re-appointment fall within appointment, so rotation limits apply to repeat terms too.
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