Appointment of Auditor in case of Merger
This query is : Resolved
MEGHNA S VARIA
(Querist)
06 March 2008
When merger of two companies comes to effect in between of the year then is it required to call AGM and appoint auditor in the metting.
Please Reply me urgently.
Please Reply me urgently.
S.Srinivasaraghavan
(Expert)
07 March 2008
It depends upon whether both the companies loose their identity and a new one is born or one of them retains the identity. In the latter case the existing auditor of the continuing company continues.
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