What to do if an auditor is unresponsive ?

Save Share

This query is : Resolved

Quick Summary

If your company's statutory auditor is unresponsive, you may be able to change them even without their formal resignation. It's important to review your engagement letter, as any breach of its terms could provide grounds for legal action against the auditor. Seek advice on the correct procedure for changing auditors to ensure compliance.

Sudipta Das

Sudipta Das (Querist)

11 July 2023 My company was incorporated in f.y 2021-22. The statutory auditor who filed ROC returns last year is not responsive. Please guide me can I change the auditor without resignation of last auditor. ??

Aashok Kumar Sharma online

Aashok Kumar Sharma

(Expert)

20 August 2023 Auditors obtain an engagement letter and any breach of the stated terms can be a valid reason for legal action by the company against the auditor.

Aashok Kumar Sharma online

Aashok Kumar Sharma

(Expert)

20 August 2023 https://taxguru.in/company-law/removal-change-auditor-company.html#:~:text=To%20remove%20an%20auditor%20from,the%20Central%20Government%20are%20needed.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now