1. Hold Board meeting & pass following resolution a. To remove the Auditor giving reason thereof; b. To convene an EGM and fix date, time & place thereof; c. To approve draft notice of EGM & Explanatory statement & to authorize CS or director to issue the notice; d. To authorize CS or director to make an application to Regional Director in e-Form 24A.
2. Application to Regional Director in e-Form 24A must be accompanied by i)Certified True Copy of Board Resolution ii) copy of special notice u/s 224(7)& iii) Copy of representation, if any, made by the statutory auditors
3. Give intimation to Auditor about his removal
4. Hold EGM & pass ordinary resolution.
5. Hold Board meeting to appoint auditors in casual vacancy.
20 December 2011
provisions for this context doesmot differentiate the private company and public company. provisions are same as applicable to the public company.
CAclubindia
