Company Audit
This query is : Resolved
Karuna Sethi
(Querist)
29 December 2008
I have not understood RETIRING AUDITORS RIGHTS as per Sec. 225 in case of Removal on the expiry of term of office
Plz tell me everything abt it
Thanks in adv...
Plz tell me everything abt it
Thanks in adv...
CA Chaitanya
(Expert)
05 January 2009
The retiring auditors have a right to make a represetation to the company.
CA Chaitanya
(Expert)
05 January 2009
It has to be made in writing u/s 25.
CA Chaitanya
(Expert)
06 January 2009
It should be of reasonable length and it should be set out in a decent manner.
CA Chaitanya
(Expert)
06 January 2009
It should not contain any deformatory matter to secure unnecessary publicity.
CA Chaitanya
(Expert)
06 January 2009
It should be circulated by the company to its share holders along with the notice of AGM.
CA Chaitanya
(Expert)
06 January 2009
IF it could not be circulated, then it should be read out in the AGM.
CA Chaitanya
(Expert)
06 January 2009
If the auditor is trying to secure needless publicity then the company may approach the CLB. If the CLB is satisfied then it may order not to circulate the written representation.
CA Chaitanya
(Expert)
06 January 2009
In such a case the cost of the application has to be borne by the auditor.
Karuna Sethi
(Querist)
04 March 2009
Thanks a lot
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
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Issuing of delivery challan by seller of goods
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Transfer of Physical Stock Between Two Proprietorship Concerns
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- EPF ECR NEW RULES Sep 17th 2026
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- 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
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
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
