Appointment of first auditor in general meeting
This query is : Resolved
Sushant Mahajan
(Querist)
11 June 2013
Please tell me the provisions regarding appointment of first auditor in a General Meeting and if there is any time limit on it?
Also, if any penalty is liveable on the Board for not doing so in the first month of incorporation?
Also, if any penalty is liveable on the Board for not doing so in the first month of incorporation?
Rupesh Jain
(Expert)
19 June 2013
auditor will appoint by directo with in 30 days
if ano appoint by director then in first AGm auditor will appoint.
if they not appoint in agm then director will inform with in 7 days to central govt. and central govt will apoint Auditros.
if not inform to central govt then 5000/- penalty to company and each manager and offiecer will liable
if ano appoint by director then in first AGm auditor will appoint.
if they not appoint in agm then director will inform with in 7 days to central govt. and central govt will apoint Auditros.
if not inform to central govt then 5000/- penalty to company and each manager and offiecer will liable
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Tax on Amount transferred in HUF Account
- Nursery business
- GST input credit on commercial property
- Import Order Cancelled.
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- TDS on Dashcam rent and allied services
- Working on Gold wastage during Melting of old gold jewellery
- Gift to nri relatives residing in usa
- Advances to related party
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
