Statutory Auditors of a Pvt Ltd Co have resigned during the year due to personal reasons before of the Signing of the Balance Sheet. The new auditors can be appointed in the EGM of the shareholders. My Queries are:
1. Whether the New Auditors shall be appointed by Special Resolution or by Ordinary Resolution in the EGM?
2. Whether the New auditors will be required to file Form - 23B.
3. Is there any penalty on the Auditors on delay in filing of Form- 23B by the New Auditors?
4. For the Current years Directors Report , Whether it is advisable/required to mention about the resignation of the Previous Auditor's Resignation and appointment of a new Statutory Auditor during the year.
Please advise at the earliest.
If possible, send me a draft Directors Report incorporating this point.
Thanx
CA. Dharmender Ilwadia
CAclubindia
