Removal of Auditor

This query is : Resolved

Hasmukh Nakarani (Querist)
Follow

13 January 2010 Respected Expert,

Specificaly in case of Private Lmited company for removing existing auditor (not first Auditor)before AGM whether prior approval of Central Government is require or not?

CS Vandana Kacholia

CS Vandana Kacholia (Expert)
Follow

13 January 2010 according to section 224(7), any auditor other than the first auditor appointed by the board, may be removed if

(1)an ordinary resolution is passed for that purpose at EGM and
(2) approval of central government i.e. regional director as central government's power under this section has been delegated to the RD of the DCA.

Regards

vijay singhal

vijay singhal (Expert)
Follow

13 January 2010 ms vandana is absolutey correct

Hasmukh Nakarani

Hasmukh Nakarani (Querist)
Follow

13 January 2010 Is it compalsory for Private company having share capital to take prior approval from Central government?
If YES then what procedure for getting approval from C.G. is to done?

CS Vandana Kacholia

CS Vandana Kacholia (Expert)
Follow

14 January 2010 yes central government approval is required in above case.

procedure:

file e form 24A as an application to RD.
attach certified copy of board resolution to convene egm, copy of special notice, and copy of representation, if any, made by auditor.

Regards

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

Rampal Saini

Pavithra Doss

ABHISHEK RATHORE

prasanth kona

Arvind Sharma

Subscribe Now

Removal of Auditor

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

GST CONSULTANCY

Manager- Finance and Compliance

Accountant

CA Final

Senior Executive

GST CONSULTANT