Auditor appointment when not ratified

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Piyush (Querist)
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29 December 2014 As per section 139, appointment of auditor shall be ratified at every agm. I want to know, what will be the result if ratification is not been done in any agm by the members through ordinary resolution. Please answer, thank you all in advance.

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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29 December 2014 then the auditor shall not be the auditor for the compnay for a particular fy in which he is not ratified.

Rupesh Jain

Rupesh Jain (Expert)
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30 December 2014 auditors will appoint in every AGM for the next year books.
appointment will be for one year.

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