An auditor appointed under Section 139 of Companies Act 2013 to audit the annual financial statements of a company. Must be a Chartered Accountant. Tenure: 5 years (individual) or 10 years (firm) with mandatory rotation for certain companies.
Last updated: 17 May 2026
An auditor appointed under Section 139 of Companies Act 2013 to audit the annual financial statements of a company. Must be a Chartered Accountant. Tenure: 5 years (individual) or 10 years (firm) with mandatory rotation for certain companies.
Statutory Auditor is significant under MCA because An auditor appointed under Section 139 of Companies Act 2013 to audit the annual financial statements of a company. Must be a Chartered Accountant. Tenure: 5 years (individual) or 10 years (firm) with mandatory rotation for certain companies.
Statutory Auditor under MCA applies to companies, professionals, and individuals involved in MCA-related compliance and regulatory matters in India. Specifically: An auditor appointed under Section 139 of Companies Act 2013 to audit the annual financial statements of a company. Must be a Chartered Accountant. Te...