XYZ company is having internal dispute between the directors. The court has appointed an adminitrator to manage the affairs of the company during this period. Audit of the company is now pending for over 5 years.
Can Court Administrator make appointment of Statutory Auditor?. What would be the correct procedure for appointment.?
Considering that accounts are pending audit for 5 years, can the appointment be made parallely for all the 5 years?.
Can the accounts of all 5 years be adopted in the same board meeting?
Can the company avail of the Company Law Settlement Scheme 2010 to regularise its pending filings?
What would be the auditor's responsibility in terms of intimating the last appointed auditor and intimating the RoC in the above situation?
CAclubindia
