13 September 2011
to remove auditor before expiry of term requires special notice it is immaterial whether he is first one or next one!
As if you remove auditor before expiry there is casual vacancy of auditor you have to appoint another auditor in place of old one.. all this have to be done by way of special notice send to the stakeholder
13 September 2011
1.Company in a General Meeting. 2.Obtain nomination of new Auditor by any member of the Company. 3. Send a special Notice of atleast 14 days to all members and the existing Auditor, intimating the proposed change. 4. If the members nomination for a new Auditor is accepted, a resolution to this effect should be passed. 5.Previous approval of Central Government is Not Required. The Company can remove the Auditors before the expiry of their term after following the aforesaid procedure.
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