Casual vacancy
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 December 2013
Respected Sir/madam,
If casual vacancy is caused by way of Resignation of the Auditors before the expiry of their tenure..& Board of Directors appoint the Auditors in contravention of the above Section..
What are the penal clauses..????
If casual vacancy is caused by way of Resignation of the Auditors before the expiry of their tenure..& Board of Directors appoint the Auditors in contravention of the above Section..
What are the penal clauses..????
11 December 2013
Board has no power to appoint auditor in this case, so appointment of such auditor will be void ab inito.
So such appointment will not be consider and ROC can issue a notice under section 234.
So such appointment will not be consider and ROC can issue a notice under section 234.
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 December 2013
What are Penal Consequences..???
I have Already received the notice stating Penal Action will be taken...
I have Already received the notice stating Penal Action will be taken...
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