Board meeting to be conduct from resignation of auditor
This query is : Resolved
28 April 2015
In how many days board meeting to be conducted from the resignation of the auditor...
Please reply fast
Please reply fast
29 April 2015
As per Section 139(8), if the casual vacancy has been arised due to resignation, then the company is required to appoint new auditor within 3 months from the date of recommendation made by Board.
It is not mentioned that within how many days the board should make recommendations. But I believe it should be 30 days from the date of resignation.
Hence, ideal thing is, you can have board meeting within 30 days to recommend the appointment and after that you can have EGM to finally appoint new auditor.
It is not mentioned that within how many days the board should make recommendations. But I believe it should be 30 days from the date of resignation.
Hence, ideal thing is, you can have board meeting within 30 days to recommend the appointment and after that you can have EGM to finally appoint new auditor.
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