AUDITOR APPOINTMENT in case of resignation

Resolving the Issue of Missed Audits and Filing -

 *Appointment of New Auditor*: The company needs to appoint a new auditor to conduct the audits for the missed years. -

*Extraordinary General Meeting (EGM)*: The company should convene an EGM to appoint the new auditor. Date of EGM and Auditor Appointment -

 *EGM Date*: The EGM can be convened on a date that allows for timely appointment of the new auditor. -

 *Auditor Appointment Date*: The auditor should be appointed for a term that covers the missed audit years. Penalty for Missed Audits -

 *Penalty under Companies Act*: The company may face penalties under the Companies Act, 2013, for failing to comply with audit requirements.

- *Penalty Amount*: The penalty amount would depend on the specific provisions of the Act and the circumstances of the case. Financials Date - 

*Financial Statements*: The financial statements for FY23-24 should be prepared as of March 31, 2024. -

 *Audit Report*: The audit report should be dated after the completion of the audit procedures. Steps to Resolve the Issue

1. *Convene EGM*: Convene an EGM to appoint a new auditor.

 2. *Appoint Auditor*: Appoint the new auditor for a term that covers the missed audit years.

3. *Conduct Audits*: Conduct audits for the missed years (FY21-22, FY22-23, and FY23-24).

 4. *File Financial Statements*: File the financial statements and audit reports for the missed years.

 5. *Pay Penalties (if applicable)*: Pay any penalties imposed by the regulatory authorities.

 Consult with a company secretary or auditor to ensure compliance with regulatory requirements.

Pls help in this.

An auditor resigned from the company on 2nd august. Is he require to audit 2024-2025 financial statement or not.

What is the further requirement.