NOC !!

2467 views 4 replies
User Avatar

Chartered Accountant
203 Points Posted on 03 January 2008

ABC & Co CAs were the auditors of a Company for & upto FY 2005-06.

The company approached XYZ & Co CAs to do the audit of  FY 2006-07.ABC & Co gave a No Objection Certificate to XYZ & Co. Before starting the audit,XYZ & Co had differences with the management of the Company.

The management of the Company approached PQR & Co Cas to do the audit.

Whom should PQR & Co approach for a No Objection certificate? To ABC & Co or  to XYZ & Co ? 

Reply Share Follow
On 03 January 2008 at 10:00 Report
Replies (4)
User Avatar

PRACTISING CA
4283 Points Posted on 06 January 2008
They should consult the previous auditors, Who ever is the previous auditor. You can speak them as auditors as when they are appointed at AGM and they have accepted the appointement.
Reply
On 06 January 2008 at 16:05
User Avatar

Guest
461130 Points Posted on 13 January 2008
According to me it all depends on appointment of auditors ,if the company appointed XYZ & Co. as there auditors then the company have to take the NOC from XYZ & Co. otherwise NOC from ABC & Co. is sufficient for the appointment of other auditors.
Reply
On 13 January 2008 at 14:14
User Avatar

CA
65 Points Posted on 13 January 2008
According to me it all depends on appointment of auditors ,if the company appointed XYZ & Co. as there auditors then the company have to take the NOC from XYZ & Co. otherwise NOC from ABC & Co. is sufficient for the appointment of other auditors
Reply
On 13 January 2008 at 14:21
User Avatar

Accountant
22 Points Posted on 16 October 2009

Hi,

Any one can help me  draft letter for recently we appointed New Auditor. we need NOC letter from Old Auditor .

Old AUditor is asking for Board resolutions from company.

 

 

 

Reply
On 16 October 2009 at 11:17


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topic

More recent discussions | Post

Related Topics
Loading

Latest Job Openings

View all
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
20 June 2026
Assistant Accounts Manager

Fintax Professionals

Gurgaon

CA Inter

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details