06 August 2014
CAN A COMPANY CHANGE ITS STATUTORY AUDITOR FOR F.Y 2013-14 NOW? IF YES, PLEASE INFORM THE PROCEDURE AS TO HOW IT CAN BE DONE. OLD AUDITOR IS WILLING TO RESIGN.
THANK U IN ADVANCE
CASUAL VACANCY IN THE OFFICE OF AUDITOR Section 139 (8)
In case casual vacancy has occurred due to resignation of auditor, such appointment should be approved by the company in general meeting convened within 3 months of the recommendation of the Board and auditor shall hold the office till the conclusion of the next annual general meeting.
PROCEDURE
1. Convene a board meeting and (1)pass a resolution to accept the resignation of auditor & fill the casual vacancy by appointment of new auditor (2) To call EGM
2. Convene a general meeting within 3 months and pass an ordinary resolution to fill the casual vacancy.
3. when an auditor has resigned from the company, he shall file Form ADT-3 through GLN-2 with ROC within 30 days from the date of resignation.
4. On appointment of auditor to fill casual vacancy , Company shall inform the auditor concerned of his or its appointment and also file Form ADT-1 through e-form GLN- 2 within 15 days of the meeting in which the auditor is appointed.
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