CA Student
15927 Points
Joined May 2011
No problem at all. These type of confusions bound to happen sometimes but all's well that ends well. Thanks for the link, but i have lost faith in his study material.
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One of my friend is taking his classes of IPCC Audit from ETEN CA. In his book, in one of the questions, he has written that, "Removal of first auditor before the expiry of the term by the board of directors is illegal" whereas removal of first auditor by board directors can be done by merely passing an ordinary resolution and central governments approval is also not required.
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Now, there may be printing mistake in book OR misinterpretation of facts OR i am not getting it right?