Appointment of auditor

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

19 December 2014 A is the auditor of XYZ Pvt.Ltd. For the AGM held on 30/09/2014 , no auditor was appointed by XYZ. In January XYZ Pvt.Ltd. wants to appoint B as the auditor ( as A is unable to continue because of the 20 co's limit).

How will B be appointed.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

19 December 2014 In the case of casual vacancy caused by the resignation of the Auditor, the following procedures have to be followed.

i. The Board of Directors shall approve the filling up the casual vacancy within thirty days and then recommend such appointments to the members.

ii. The members in an Extra Ordinary General Meeting shall confirm and approve the vacancy filled up by the Board on its recommendations within three months.