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Auditor termination

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This query is : Resolved

CA MAYANK RAVAL (Querist)
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25 September 2009 Dear
Would it be possible that , if auditor appo. by pvt. company as on 13th may 2009 & due to some internal problems of auditor shows their willingness to discontinue the same , here i have que. that is there any violation of sec 224,225,226?
Moreover company is underpressure of 30th sep. of get the books audited , Can company appoint any other auditor without any prior approval of Gov?

Ankur Garg

Ankur Garg (Expert)
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25 September 2009 Hello Mayank,

You need to relax a bit. There is no violation. My suggestion is:

Your case is governed by section 224(6)Take resignation of auditor and relieve him. Call an EGM and fill the casual vacancy caused by the resignation of previous auditor.
You may appoint some other auditor to fill the vacancy. No need to take Central Govt. approval.

Read section 224(6) carefully.

Best Regards

CA MAYANK RAVAL

CA MAYANK RAVAL (Querist)
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25 September 2009 Thank you

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