Company law

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

05 August 2014 If a pvt. ltd. compant has appointed an auditor in its agm, but before next agm the co. want to appoint another ca as company's auditor, then wthat the company has to do?????

Ankur Garg

Ankur Garg (Expert)
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05 August 2014 You have 2 options:

1. Removal of existing auditor;

2. Existing auditor voluntarily resign.

I would suggest you to go for second option because in first option previous approval of Central Govt is required.

After resignation of existing auditor new auditor can be appointed in extra ordinary general meeting with the approval of shareholders.

You are requested to go through section 139 of CA 2013.

Thanks