Auditors appointment

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CS
293 Points Posted on 02 March 2021

If a auditor is appointment in a casual vacancy. Does this casual vacancy period count for his tenure of re-appointment of 5 years. Meaning in the ensuing AGM if the auditor is re-appointed should it be for 4 or 5 years.

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On 02 March 2021 at 17:44 Report
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This discussion clarifies whether a period served by an auditor appointed to fill a casual vacancy counts towards their five-year reappointment tenure. The consensus is that a casual vacancy term does not count towards the five-year limit. Therefore, if an auditor is re-appointed at the ensuing AGM, it should be for a full five-year term.

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Chartered Accountant
24588 Points Posted on 02 March 2021
The auditors shall hold upto the next general meeting
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On 02 March 2021 at 21:04
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delhi
720 Points Posted on 02 March 2021
No casual vacancy term cannot be count
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On 02 March 2021 at 23:07
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CS
31 Points Posted on 17 March 2021
5 year
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On 17 March 2021 at 08:51

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