Parashar (Company Secretary 2004) (1013 Points)
08 March 2011
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Hello everyone An auditor of a company denied to sign the Balance Sheet and also to resign. The company under compulsion filed unaudited B/s with the ROC before the time lapses. Now the company in trouble and seeks advice from experts. kindly suggest the remedies available to the company, how to remove and how to compound? Thanking you  |
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Jaideep
(Service)
(1368 Points)
Replied 08 March 2011
Hi,
First, plz note that compnay ha to file audited balance sheet. AGM can be conducted without having audited accounts and you can explain to members about auditors.
If auditors are of having demand as explained, Company can file case for the same. Have all the correspondance with auditors in this regard. Meanwhile appoint another auditor specifically explaining the geunine reasons and circumsatnces and file respective forms with ROC.
What I mean is, keep company under compliance.
Regards
Jaideep Pandya
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
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