Suppose after appointment of an auditor, he becomes subject to one of the disqualifications listed under sec. 226 (3) of the Companies Act 1956, then he would have to vacate his position as auditor of the company. My question is, will the re-appointment of auditor to fill this vacancy be treated as appointment by casual vacancy? If not, how will it be treated?
3 Replies
ashish gupta
( student)
(1922 Points)
Replied 17 March 2010
YES, AFTER VALID APPOINTMENT OF THE AUDITOR , ANY FUTURE DISQUALIFICATION WILL MAKE IT CASUAL VACANCY AND IT CAN BE FILLED BY BOARD OF DIRECTORS.
Payal Gupta
(article assistant)
(176 Points)
Replied 30 March 2010
yes it 's nationa case of casual vacancy & filled by board of directors provided it is not a case of resig
VISHAL
(PROPREITOR)
(29 Points)
Replied 08 September 2010
can anyone tell me that whether a son is elegible to do tax audit of his fathers business???
and wat if he had been paid salary for few months in that financial year before completion of his ca??????????
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