Regulation 17 — Appointment of Auditor

Regulation text

(1) An auditor or auditors of a LLP shall be appointed after seeking approval of partners through resolution passed by a majority of partners.

(2) The first auditor or auditors of a LLP shall be appointed by the partners within sixty days of the date of incorporation of the LLP:

Provided that the LLP shall obtain a consent in writing from the auditor before his appointment.

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