LawgistThe Public Sector Iron and Steel Companies (Restructuring) and Miscellaneous Provisions Act
17Provision relating to auditors
Every person appointed under section 619 of the Companies Act 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 the duration for which he was so appointed, on the same terms and conditions as were applicable to him immediately before the appointed day.
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PROVISIONS RELATING TO OFFICERS AND EMPLOYEES
- 14 Provisions relating to officers and other employees of dissolved companies
- 15 Provisions relating to officers and employees of transferred units
- 16 Provisions relating to directors
- 17 Provision relating to auditors
- 18 Compensation for transfer not payable
- 19 Provident Fund
- 20 Gratuity, welfare and other funds
