Auditor appointment for more than 1 year
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 April 2013
Dear All Experts,
Can Company appoint auditor in a single meeting for a period of say 2 years? or 3 years? i.e. more than one year under existing law?
because there is new provision in companies bill 2012, about appointment of auditor. i.e. company can appoint auditor for 6 yrs. in a single meeting.
Please guide.
Thanking in advance.
Can Company appoint auditor in a single meeting for a period of say 2 years? or 3 years? i.e. more than one year under existing law?
because there is new provision in companies bill 2012, about appointment of auditor. i.e. company can appoint auditor for 6 yrs. in a single meeting.
Please guide.
Thanking in advance.
29 April 2013
Hi
No, you can not appoint a statutory auditor for more than one financial year.
The New Companies Bill is not an Act, it is not in force, so we are not in a position to comment thereon.
No, you can not appoint a statutory auditor for more than one financial year.
The New Companies Bill is not an Act, it is not in force, so we are not in a position to comment thereon.
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
- TDS on Consultancy- Non DTAA
- Depreciation of fixed assets- coop housing society in mumbai
- Reopen of assessment proceeding
- EXPORT BILL UNDER LUT FREIGHT CHARGE INCLUED IN INVOICE IT LIABLE TO TAX
- Gift Received from nonblood relative
- COMMERCIAL INVOICE FOR MATERIAL AND FREIGHT
- Reprocessing of rectification order AY 2025-26
- FTS Taxable under 115A
- Rental income gst and it purpose
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- Goods sold but invoice not issued
- 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
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
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
