Appointment of auditor

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

28 January 2017 Sir, I need to appoint an auditor in the non-government private company. I have to appoint at the AGM, the new auditors instead of re appointing the retiring auditor.
Sir, i want to know that... what will be the period of new auditor, if appointed on the AGM held on 30.09.2016.
And whether it is a case of casual vacancy or someone else?

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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28 January 2017 1. 5 years , with yearly ratification in AGM

2. Not a casual vacancy.

3.Appointment of new auditor has to be done as an 'ordinary resolution' , but special business, which requires special notice u/s 140(4)(i) r.w.s.115 and explanatory statement u/s 102.

Querist : Anonymous

Querist : Anonymous (Querist)

28 January 2017 Thank You Sir,
But, if i appoint the auditor subject to the casual vacancy in Dec 2016, after the AGM held on 30.09.2016. Then, will the period be for the next AGM or for 5 Years.

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