Appintment of Statutory Auditors

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

06 March 2010 Dear all,
i ve a querry regarding appointment of Statutory auditor.
Q-1: A firm of Chartered Accountant is fuctioning as internal auditors of a Company for a six months. now we want to appoint same CA firm as statutory auditors for smae financial year after resigning as internal auditors of a Company, is it possible?
Any rule or regulation or circular plz specify with that circular,rule or regulation.

With Regards

Amarendra
Company Secretary

M Prabhakar Menon

M Prabhakar Menon (Expert)
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07 March 2010 Please satisfy the provisions of the Companies Act 1956 for appointment of auditors.The applicable provisions of the CA Act1949 will be the responsibility of the incoming and outgoing auditors.