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at any AGM if no auditor is appointed then existing auditor shall continue to be the auditor of the company section 139(10). even when rotation is applicable?
Replies (4)
Aa retiring auditor can be re-appointed at an Annual General Meeting if:
The auditor is not disqualified for re-appointment.
The auditor has not given the company a notice in writing of his unwillingness to be re-appointed.
A special resolution has not been passed at that meeting appointing some other auditor or providing expressly that he shall not be re-appointed.
If at any Annual General Meeting, no auditor is appointed or re-appointed, the existing auditor will continue to be the auditor of the company.
The auditor is not disqualified for re-appointment.
The auditor has not given the company a notice in writing of his unwillingness to be re-appointed.
A special resolution has not been passed at that meeting appointing some other auditor or providing expressly that he shall not be re-appointed.
If at any Annual General Meeting, no auditor is appointed or re-appointed, the existing auditor will continue to be the auditor of the company.
he should continue even on completion of his tenure of 5 /10 years as the case may be is it ?
no he can not
if disqualification attract in this case
if disqualification attract in this case
After completion of his or its continuous term of 5/10years as the case may be ,the matter shall go to AGM for deciding about his continuance.
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