Procedure of Autor's appointment
This query is : Resolved
18 August 2010
Hi fellow professionals
I have a query, I have to re-appoint my auditors in the coming AGM, like any other company. I am just a little confused with the procedure.
I want to know wil I first, on company's behalf, send a letter to auditor proposing their appointment OR the Auditor's will first send the letter to the company of their willingness to be reappointed as Auditor's of the Company also saying that they are elgible forthe same???
Basically I am confused as to whose end the process would initiate?
I would be glad if I am given the clear process of this..
Thanks & Regards
CS Shikha Anand
I have a query, I have to re-appoint my auditors in the coming AGM, like any other company. I am just a little confused with the procedure.
I want to know wil I first, on company's behalf, send a letter to auditor proposing their appointment OR the Auditor's will first send the letter to the company of their willingness to be reappointed as Auditor's of the Company also saying that they are elgible forthe same???
Basically I am confused as to whose end the process would initiate?
I would be glad if I am given the clear process of this..
Thanks & Regards
CS Shikha Anand
18 August 2010
If the auditor is same then avoid exchange of letters. Simply ask the auditor to provide certificate u/s 224(1B) regarding his audit limits. You may treat this certificate as an initiative to the entire process.
Simply propose his candidature in the BM and forward the same to members through AGM notice.
Revert if there is any doubt.
Simply propose his candidature in the BM and forward the same to members through AGM notice.
Revert if there is any doubt.
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