Intimation to roc-whether needed for appointment in egm

PATHAK (CHARTERED ACCOUNTANT) (28 Points)

04 May 2012  

Q-1 :  WHETHER IT IS NECESSARY TO INTIMATE ROC WITHIN 30 DAYS OF AAPOINTMENT IN CASE AUDITOR IS APPOINTED IN EGM FOR STATUTORY AUDIT OF THE COMPANY? SOME CAs OPINED THAT ONLY IN CASE OF APOINTMENT AT AGM, THIS IS COMPULSORY-NOT IN CASE OF EGM.

Q-2: IF INTIMATION IS GIVEN AFTER 30 DAYS, IS THERE ANY PENALTY?

Q-3 : WHETHER STATUTORY AUDITOR REPORTING UNDER THE COMPANIES ACT, 1956 NEED TO HAVE DIGITAL SIGNATURE ? WHETHER AT THE TIME OF FILING RETURN OF THE COMPANY AUDITOR'S DIGITAL SIGNATURE IS REQUIRED?

Q-4:  WHETHER IT IS POSSIBLE TO REVOKE STATUTORY AUDIT REPORT ONCE IT IS SIGNED AND GIVEN TO PARTY? WHETHER IT WOULD MAKE ANY DIFFERENCE IF FULL AUDIT REPORT IS NOT SIGNED AND CARO 2003 IS PENDING?