procedure for change of auditors in egm

This query is : Resolved

Share Report Follow Query Ask a Query

Querist : Anonymous

Querist : Anonymous (Querist)

26 November 2009 Pls let me know the procedure its urgent

Ankur Garg

Ankur Garg (Expert)
Follow

26 November 2009 Kindly elaborate your case as to why you want to appoint him in the EGM.

However general procedure would be:

1. Call a board meeting and pass a resolution recommending the name of new auditor.
2. Approve notice of EGM in the BM
3. Collect section 224(1B) certificate from proposed auditor regarding ceiling of audits.
4. In the EGM pass ordinary resolution for the appointment of auditor.

Hope this would be off some help.

Regards

Message likes : 1 times

CA Ravi Sisodia

CA Ravi Sisodia (Expert)
Follow

26 November 2009 Agree

Querist : Anonymous

Querist : Anonymous (Querist)

26 November 2009 Thanks alot. I want to know that if auditors are resigning then wats the procedure for appointment of auditors in EGM

Ankur Garg

Ankur Garg (Expert)
Follow

30 November 2009 You may use the procedure above.

Querist : Anonymous

Querist : Anonymous (Querist)

30 November 2009 Thanks Alot.I even want to know the resolution to be passed for the appointment as well as resignation of Auditors.

CS Pawan Kumar Baid

CS Pawan Kumar Baid (Expert)
Follow

19 December 2009 Well ! There is no resolution for "Resignation" resolution are made for removal or appointment/reappointment.

Appointment:-

"Resolved that pursuance to Sec 224(1) of the Companies Act, 1956, M/s xxx, Chartered Accountants, be and hereby appointed auditors of the company from the conclusion of this general meeting until the conclusion of the next AGM of the company to audit the financial accounts of the company for the financial year xxx on a remuneration of Rs xxx (Rupees xxx) and reimbursement of actual expenses that may be incurred by them in the performance of their duty as auditors of the company."

If you are appointing because of resignation then mention this fact in the above resolution.

Regards
CS Pawan Kumar Baid

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

saurabh sawlani

atul kumar soni

office docs

Sreekumar J Pai

MURALIKRISHNA EDDANAPUDI

Subscribe Now

procedure for change of auditors in egm

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA