Bolani Ores Limited (Acquisition of Shares) and Miscellaneous Provisions Act : PROVISION RELATING TO AUDITORS

Bolani Ores Limited (Acquisition of Shares) and Miscellaneous Provisions Act,1978

Act No : 42

Section : PROVISION RELATING TO AUDITORS

SECTION 10: PROVISION RELATING TO AUDITORS.

- Every person appointed under section 619 of the Companies Act-as an auditor of the dissolved company holding office immediately before the appointed day, may continue to hold office as such auditor in relation to the undertakings of the dissolved company which stand vested in the Steel Authority of India by virtue of section 6-, for the duration for which he was so appointed on the same terms and conditions as were applicable to him immediately before the appointed day.