company audit
This query is : Resolved
22 June 2011
can removal of auditor by members before the expiry of his term is treated as casual vacancy???
23 June 2011
If after the auditor was validly appointed, there is a vacancy in the office of auditor, this is called casual vacancy.
Reasons Of Casual Vacancy – This may arise due to Death, insolvency, incapacity, disqualification, resignation of auditor or
dissolution of CA firm etc.
Who could fill the Vacancy??
If it was due to resignation – Only by shareholders.
If it was due to other reason – By BOD (If BOD fails then by shareholders)
Reasons Of Casual Vacancy – This may arise due to Death, insolvency, incapacity, disqualification, resignation of auditor or
dissolution of CA firm etc.
Who could fill the Vacancy??
If it was due to resignation – Only by shareholders.
If it was due to other reason – By BOD (If BOD fails then by shareholders)
Message likes :
1 times
26 June 2011
Thanx Sir, But I Want To Know Whether The Removal Of Auditor Before The Expiry Of His Terms amounts to Casual Vacancy.
26 June 2011
Casual Vacancy is when the auditor himself resigns from the Audit...
When he is removed, then is removal and not vacancy...
When he is removed, then is removal and not vacancy...
Message likes :
1 times
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?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
Trending Online Classes
CAclubindia
