Can the members of the company remove the auditor after sometime of the AGM in which their appointment was made?
3 Replies
Malav Shah
(Company Secretary and AVP Legal)
(171 Points)
Replied 29 June 2009
Yes, the members can remove an auditor by passing a resolution in general meeting. the power to appoint implies the power to remove the auditor also.
Regards
Malav
Ajay Mishra
(Company Secretary)
(74337 Points)
Replied 29 June 2009
Dear Ms. Mamta
Yes, member can remove the auditor after appointed at AGM.
If you read section 224(7), except first auditor, any auditor appointed under this section may be removed from office before the expiry of his term only by the company in general meeting, after obtaining the previous approval of the Regional Director in that behalf.
Best Regard
meenu
(cs)
(416 Points)
Replied 30 June 2009
Hi All,
Removing of auditor & appointing new auditor in his place in AGM required special notice from members as per Section 190 of the Companies Act,1956.
Pls. provide the format of special notice and kindly specify whether the single member can furnish the special notice if not then what is the requisite no. of members to furnish special notice?
Regards,
Meenu Jha
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