disqualification of auditor

This query is : Resolved

rohit (Querist)
Follow

23 June 2010 Plz tell me the date to be considered for diqulifiction of auditor?

Weather date of agm or any day of that particular financial year for which auditor is appointed?

Aditya Maheshwari

Aditya Maheshwari (Expert)
Follow

23 June 2010 during the financial year.

Ankur Garg

Ankur Garg (Expert)
Follow

23 June 2010 This date could be any date.

Kindly refer section 226(5) which reads as follows:

226(5) If an auditor becomes subject, after his appointment, to any of the disqualifications specified in sub-sections (3) and (4), he shall be deemed to have vacated his office as such.

Regards

Upgrade to CAclubindia Pro. Subscribe Now!