Gopika (Asst Manager-Compliance) (223 Points)
04 July 2011The status of statutory auditors got changed from proprietorship to partnership firm (the old proprietor is one of the partners now) and accordingly name of auditors also got changed. Is there any specific formality to be complied with by the company who is re appointing these Auditors in AGM. Will it be considered as “appointment of an auditor other than the retiring one”? Please clarify.
Nidhi Jain
(CS )
(987 Points)
Replied 04 July 2011
Now u r going to appoint firm as a auditor not a partner it is immaterial that existing Auditor also a partner of that partnership firm. This appointment will be cosidered a fresh appointment in place of existing auditor not will be treated as reappointed the retiring one and need to comply the provisions of section 225.
rachit jain
(chartered accountant )
(635 Points)
Replied 04 July 2011
i think it should be considered as re-appointment of an auditor as its only a reconstitution of auditor firm.
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
CAclubindia
