procedure to change the auditor of a listed company
This query is : Resolved
06 May 2009
Hi,
Please tell me what is the procedure to change the auditor of a listed company please give me step by step information.
Thanks & Best Regards
Praveen
Please tell me what is the procedure to change the auditor of a listed company please give me step by step information.
Thanks & Best Regards
Praveen
06 May 2009
The section 217 is about the disclosures to be made in Board of Directors report.IS Section 217 applicable to Pvt Ltd co.IF yes,
Suppose chairman is other than MD and the salary paid to chairman is more than MD. Do we need to disclose the same in board report U/s 217(2A) and Notes to account of the company.
Please confirm
Suppose chairman is other than MD and the salary paid to chairman is more than MD. Do we need to disclose the same in board report U/s 217(2A) and Notes to account of the company.
Please confirm
07 May 2009
Monil
Sec 217 is applicable to all cos including pvt. ltd...
Vivek
Sec 217 is applicable to all cos including pvt. ltd...
Vivek
07 May 2009
Dear Monil,
Section-217 is applicable to Pvt. Co.
In your case Section-217(2A)(iii) is applicable. As per clause (iii) disclosure is required if 2 conditions are fulfill:
1. Employee drawing remu more then by MD
AND
2. holds by himself or along with his spouse and children not less then 2% of Eq. Shares of the company.
If in your case Chairman is also holding 2% eq sh. then disclosure in board report required.
Regards
Section-217 is applicable to Pvt. Co.
In your case Section-217(2A)(iii) is applicable. As per clause (iii) disclosure is required if 2 conditions are fulfill:
1. Employee drawing remu more then by MD
AND
2. holds by himself or along with his spouse and children not less then 2% of Eq. Shares of the company.
If in your case Chairman is also holding 2% eq sh. then disclosure in board report required.
Regards
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