Question
A public company with paid up capital of Rs.10 crore or
more, can appoint an individual as an auditor maximum for ________ consecutive years.Solution
Section139(2) & Rule 5 of Companies (Audit & Auditors) Rules, 2014 related to the terms and rotation of auditors is as follows: ·        Applicable to the following classes of companies excluding one person companies and small companies:- a.      Listed companies b.     all unlisted public companies having paid up share capital of Rs.10 crore or more ; c.      all private limited companies having paid up share capital of Rs.50 crore or more; d.     all companies having paid up share capital of below threshold limit mentioned in (a) and (b) above, but having public borrowings from financial institutions, banks or public deposits of Rs.50 crore or more.  ·        Rule - The above companies shall not appoint or re-appoint o  An individual as auditor for more than one term of 5 consecutive Years ; and o  An audit firm as auditor for more than two terms of 5 consecutive years
Which key is used to establish a relationship between two database tables?
Population dividend’ refers to:
1. The proportion of working people is high
2. More people have the potential to be productive
3....
Who called Balgangadhar Tilak the father of unrest?
Which of the following is NOT a genetic disorder?
"Mizo Puanchei" is a traditional product from which the Indian state, is known for its exquisite handicrafts?
Kafni River is a tributary of which of the following rivers?
The President shall in respect of every financial year cause to be laid before both the Houses of Parliament a statement of the estimated receipts and e...
Which Indian state is home to the famous Keibul Lamjao National Park, the world's only floating national park and home to the critically endangered Sang...
Consider the following statements:
1. Asiatic lion is naturally found in India only
2. Double-humped camel is naturally found in India...
The slogan ‘Garibi Hatao’ was associated with which Five-Year Plan?