Re-appointment of auditor

Vibhor Pandey (FINAL) (106 Points)

24 February 2012  

Dear All,

          My Querry Is When There Is Re-Appointment Of Auditor At AGM, A Formal Resolution Is Required To Be Passed.

Now, There Is A Sentence In Company Law Book :-

" ... Mere Absense Of Resolution To The Effect That The Retiring Auditor Shall Not Be Re-Appointed Is Not Sufficient ..."

 - What Will Be The Proper Interpretation Of Above Sentence ,With Example ?

     Thanks & Regards.