21 August 2011
If an auditor is appointed by the BOD and if the auditor refuses to be the auditor then who can appoint the next auditor in his place?The shareholders or the central government?since this is not the case of casual vacancy and its the failure to appoint the auditor according to complilation and me the auditor can be appointed by the central gvt..But as per the module as per a similar case study the shareholders can appoint the next auditor.Please suggest which is the correct answer