My query is- What if the board fails to fill the casual vacancy of auditor as per sec 139(8)(i) within 30 days? will shareholders appoint in EGM? If yes, in how many days?
01 June 2017
If casual vacancy arise due to Resignation, appointment of subsequent auditor shall be approved by the Company in General Meeting within 3 months from the recommendation by the Board.
If casual vacancy arise due to reason other than Resignation Vacancy shall be filled by the Board of Directors within 30 days