Appointment of Statutory Auditors

This query is : Resolved

Subramanian N Aiyer (Querist)
Follow

19 July 2010 In an AGM the resolution for reappointment of Statutory Auditors have been rejected by the Members. What is the option for appointing another statuory auditor in place of the failed resolution.

Can the members appoint another auditor in the same AGM even without giving prior intimation of such notice?

Ankur Garg

Ankur Garg (Expert)
Follow

19 July 2010 Yes members have the power to appoint another auditor.

But better course of action would be to adjourned the AGM and re-send the notice to all the members of the company subject to section 171.

Also collect the consent or confirmation of auditor u/s 224(1B).

You may also refer section 224(3) i.e appointment by central govt.

Thanks

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Fahima Malik

CA. MOHIT SHARMA

Suneel Shah

CA Saurabh Jadhav

RAHUL SURANA

Subscribe Now

Appointment of Statutory Auditors

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

GST CONSULTANT

Manager- Finance and Compliance

GST CONSULTANCY

Senior Executive

CA Final

Accountant