Mr Ram was appointed as auditor at 1st AGM in M s ABC Ltd which is a listed company and retired at 6...........

Companies Act-Phase (I & II) Audit and auditors

Mr. Ram was appointed as auditor at 1st AGM in M/s ABC Ltd. which is a listed company and retired at 6th AGM. Which number of Annual General Meeting Mr. Ram is again eligible to appoint as auditor?

7th AGM

10th AGM

11th AGM

12th AGM

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Explanation:

Section 139(2) of the Companies Act, 2013, in case of all listed company or a company belonging to class or classes of companies, individual auditor will have the cooling period of 5 years after completion of his term.