CA Sahil Singla.. (Service Tax ) (3746 Points)
08 October 2011Friends
Co. Act 1956 says that no special notice is required for the removal of Auditors before the expiry of their Term. But it says that Sec 225(2) & (3) must be complied with, according to which notice is required to be sent to the Auditors.
1. What is the difference b/w this special notice & notice referred in 225(2), (3) ?
2. Are there any situations under which SPECIAL Notice is required for the removal of Auditors ?
CA Gaurav Gupta
(Practice)
(307 Points)
Replied 08 October 2011
Special notice is a noticw which is sent by members of the co to the director regarding their intention of removing the auditor or appointing someone else.
notice is sent by the directors to the auditors that u will be removed...
CA Sahil Singla..
(Service Tax )
(3746 Points)
Replied 08 October 2011
what about the notice send by the Co. to members 14 days before the metting ? is it required in every case when the auditor is removed ?
Suguna
(VP)
(98 Points)
Replied 08 October 2011
14 days notice is required on appoint/reappointment only
CAclubindia
