Section - 232 - Penalty for non-compliance with sections 225 to 231
Penalty for non-compliance with sections to .232. If default is made by a company in complying with any of the provisions contained in sections to , the company, and every officer of the company who is in default, shall be punishable with fine which may extend to [five thousand] rupees.
Provisions as to resolutions for appointing or removing auditors.225. (1) Special notice shall be required for a resolution at an annual general meeting appointing as auditor a person other than a retiring auditor, or providing expressly that a retiring auditor shall not be re-appointed.(2) On receipt of notice of such a resolution, the company shall forthwith send a copy thereof to the retiring auditor.(3) Where notice is given of such a resolution and the retiring auditor makes with respect thereto representations in writing to the company (not exceeding a reasonable length) and requests their notification to members of the company, t .... To read the full section download the app from Google Play store
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