Auditor termination
This query is : Resolved
25 September 2009
Dear
Would it be possible that , if auditor appo. by pvt. company as on 13th may 2009 & due to some internal problems of auditor shows their willingness to discontinue the same , here i have que. that is there any violation of sec 224,225,226?
Moreover company is underpressure of 30th sep. of get the books audited , Can company appoint any other auditor without any prior approval of Gov?
Would it be possible that , if auditor appo. by pvt. company as on 13th may 2009 & due to some internal problems of auditor shows their willingness to discontinue the same , here i have que. that is there any violation of sec 224,225,226?
Moreover company is underpressure of 30th sep. of get the books audited , Can company appoint any other auditor without any prior approval of Gov?
25 September 2009
Hello Mayank,
You need to relax a bit. There is no violation. My suggestion is:
Your case is governed by section 224(6)Take resignation of auditor and relieve him. Call an EGM and fill the casual vacancy caused by the resignation of previous auditor.
You may appoint some other auditor to fill the vacancy. No need to take Central Govt. approval.
Read section 224(6) carefully.
Best Regards
You need to relax a bit. There is no violation. My suggestion is:
Your case is governed by section 224(6)Take resignation of auditor and relieve him. Call an EGM and fill the casual vacancy caused by the resignation of previous auditor.
You may appoint some other auditor to fill the vacancy. No need to take Central Govt. approval.
Read section 224(6) carefully.
Best Regards
25 September 2009
Thank you
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- RCM INVOICING FROM NOV-2024
- Import license renewal
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
