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  • Enlistment of auditors-Not with standing anything contained in any other laws for the time being in force, after the effectiveness of this Act, no auditor or audit firm shall, without the enlistment to the Council, be eligible to be appointed as the auditor of a public interest entity or shall provide any service in relation to audit.
  • The registration procedure will be guided by the Third Section of FRC Rules or FRC Scope of work and Methodology