Auditor appointment
This query is : Resolved
22 January 2018
Does the appointment of auditor would be for a term of five years as per new companies amendment act 2017 and all the previous appointments made would continue with ratification?
22 January 2018
Since first proviso of the section 139 is omitted and therefore after the date when the amendments are notified to be effective, ratification of appointed annually shall not be required
22 January 2018
Appointment of auditor will be made annually?
22 January 2018
No, it shall be for 5 years
22 January 2018
Ok thank u sir
22 January 2018
Thank you sir.
22 January 2018
But i got another que as the appointment of auditor is part of the ordinary business,sir how the compliance of section 101 be complied with
22 January 2018
Sorry section 102
23 January 2018
Section 102 simply say that the "appointment of auditor" shall not be deemed to be a special business, it is does not say that this resolution should be passed compulsorily
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