casual vacancy

If an audit firm which is appointed as a statutory auditor of a company merges with the other firm whether such a case is covered under 'casual vacancy' of the auditor? should the company reappoint the new (merged) firm as the auditors in place of the previous one?

Replies (7)

Dear Gauri,

I feel, yes the Board Should appoint the merged firm as Auditor's subsequent to the merger till the next AGM

Dear Frnd,

In my opinion this is not a a case of CASUAL VACANCY .

statutory auditor is not vacating his post inthis case so this is not a case of casual vacany

Originally posted by : Amir
Dear Gauri,
I feel, yes the Board Should appoint the merged firm as Auditor's subsequent to the merger till the next AGM


 

Dear Friends, I tell u why I am saying this, because A Firm can be appointed as Auditor of a company in it's name and subsequent to the merger Firm with the new name has to be appointed...

absolutely rite....the company must hav to pass a board resolution if dey wnt 2 appoint dis merged firm as an auditor

when the firm gets merged with another firm,the old firm is dissolved.It is equivalent of death as mentioned in the Act.Hence it is Casual Vacancy.Therefore the BOD can appoint the new firm if wiiling.It is not necessary that only the newly merged firm should be appointed as Auditors.

When a two firm merges or new partner is joined to any firm  , the firm must disclose the fact and then after company has to decide that they have to appoint the auditor or not,but it doesn't create any casual vacancy.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
19 October 2026
Accountant

Jari Saree Center

New Delhi

Others

View Details
Company
ARTICLESHIP 20 October 2026
CA ARTICLE

AMKN & CO

Noida

CA Inter

View Details
Company
ARTICLESHIP 08 October 2026
ARTICLE TRAINEE

S.B.G. & CO. CHARTERED ACCOUNTANTS

New Delhi

CA Inter

View Details
Company
08 October 2026
Accounts and Tax Associate

POOJA R TELI & CO

Pune

CA Inter

View Details
Company
12 October 2026
AUDIT , ACCOUNTS AND TAXATION

KDSS

New Delhi

B.Com

View Details
Company
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 07 October 2026
Article Assistant

Malhotra Rajesh & Associates

New Delhi

B.Com

View Details
Company
Featured ARTICLESHIP 06 October 2026
Semi Qualified

AJAY SINGH AND CO LLP

Thane

CA Final

View Details