If tribunal passes an order against auditor, it invalidates him
for next 5 years, so does it makes any difference to company who has previously appointed the same auditor and his term has not yet expired?
( Plz ans in reference to section)
Menu
Disqualified Auditor
Replies (4)
Yes section 141 attracted and vacate his office
141 deals with disqualification on appointment and reappointment but not on continuation, bcs ratification in AGM is not affected by any section in this case
When disqualification occurred then no matter for how period an auditor has been appointed... He has to vacate office immediately...... Qualification is not one time matter at the time of appointment.... Being checked throughout the period.... Any disqualification occur u hv to vacate ur office
K, thanks sir
Recent Threads
- Deferment period for Advance Tax under Section 234
- Permanant transfer of duty free goods by Advance A
- 1% TDS Deduction on Property purchase through inst
- Tax on leave encashment on retirement
- Guidance Required on Notices Under Section 234B Af
- Rcm invoices and normal invoice
- Regarding STCG on Equity
- GSTR 9 details with same PAN & different Turno
- Hotel ITC
- ITR for Trust- 12A
Related Threads
CAclubindia
