Aravind Kannan (student) (86 Points)
07 March 2010In a government company, the entire share capital is held by a state government? Is such a company required to pass special resolution for appointment of auditors?
The company has not, in its notice of AGM, indicated as a special resolution.
In fact, the audit is over and approved by the next AGM.
What are the consequential effects?
Urgent please....
Bala
(Student)
(498 Points)
Replied 10 March 2010
The appointment of the auditors would be invalid..
KRISHNA PALLAVUR
(CA FINAL)
(79 Points)
Replied 11 March 2010
CAclubindia
