Public Sector Iron and Steel Companies (Restructuring) and Miscellaneous Provisions Act : PROVISION RELATING

Public Sector Iron and Steel Companies (Restructuring) and Miscellaneous Provisions Act,1978

Act No : 16

Section : PROVISION RELATING TO AUDITORS

SECTION 17: PROVISION RELATING TO AUDITORS

Every person appointed under section 619 of the Companies Act, 1956 -as an auditor of a dissolved company or of a transferred unit, holding office immediately before the appointed day, may continue to hold office as such auditor in the corresponding unit of the Integral Company or of any other transferee company, as the case may be for duration for which he was so appointed, on the same terms and conditions as were applicable to him immediately before the appointed day.