Appointment of auditor due to casual vacancy

Companies Act 2013 587 views 2 replies

Appointment of Auditor due to casual vacancy other than resignation or removal or disqualifiation as mentioned under Section 141 (3) of the Companies Act 2013.

AS per the MCA circuler that Auditor holding position as Statutory Auditor for more then 10 year has to vacate the office and in place appoint new auditor as per the provision of Section 139 and for that colloing period of 3 year has been given.

Now question is if Auditor is not appointed on last date i.e. 29.09.2017, what is the procedure required to be follow and how to appoint new Auditor in place of old one.

what are the complinace required to be follows in case of Listed Company.???

 

Please suggest  

Replies (2)
have you not appointed new auditor in General meeting?

No automatic reappointment of auditor if not appointment in AGM.

 

Sofar as listed company is concern, Audit committee search new auditor in above case, put it's recommendation  before board, board further, if agreees with it, recommend it to members in AGM.

Office of auditor get vacated after completion of 3 years from 1/4/2014

 

 

May I know why new auditor is not appointed? 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
Featured 15 June 2026
Senior Auditor

N. Dhawan & Co

New Delhi

CA Inter

View Details