Procedure to changa auditor in a company
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 March 2012
I am a article assistent my auditor ask this question.
What is the procedure to change auditor in a company ie.,(auditor wants to come out from a company) what procedure auditor should make and which section it covers in company law 1956
What is the procedure to change auditor in a company ie.,(auditor wants to come out from a company) what procedure auditor should make and which section it covers in company law 1956
Ajay Mishra
(Expert)
22 March 2012
Hi
Section 224 of the Companies Act, 1956 deal with appointment, remuneration and resignation of auditor of the company.
Procedure for change of auditor of the company by resignation:
1. After receiving resignation letter from statutory auditor, call a Board Meeting for calling Extra Ordinary General Meeting.
2. Hold an Extra Ordinary General Meeting and appoint an auditor.
3. Send a letter of appointment to concern statutory auditor.
4. Receive letter of acceptance of appointment from auditor.
5. Make entry in the concern minutes.
Please take into account that in the case of appointment of statutory auditor to fill up casual vacancy, there is no need to file any form with ROC.
Regards
Section 224 of the Companies Act, 1956 deal with appointment, remuneration and resignation of auditor of the company.
Procedure for change of auditor of the company by resignation:
1. After receiving resignation letter from statutory auditor, call a Board Meeting for calling Extra Ordinary General Meeting.
2. Hold an Extra Ordinary General Meeting and appoint an auditor.
3. Send a letter of appointment to concern statutory auditor.
4. Receive letter of acceptance of appointment from auditor.
5. Make entry in the concern minutes.
Please take into account that in the case of appointment of statutory auditor to fill up casual vacancy, there is no need to file any form with ROC.
Regards
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
- EPF ECR NEW FILE SEP 17TH 2026
- TDS on Fixed Assets purchased
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- Oct 2025 Invoices
- Non filing of I T Returns
- SECTION 393(3) TAX ON CASH WITHDRAWAL
- TAX AUDIT ON PROFESSIONAL INCOME
- Clarification Requested: Gift → NRO → NRE → Overseas Transfer - USA/CANDA (FEMA & Tax Compliance)
- Under marginal scheme
- Capitalgain tax purposes for valuation report compulsory
- Capital Gail Exemption Certificate
- 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
- How to pay remaining amount of TDS after due date?
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
