Hi,
Please tell me what is the procedure to change the auditor of a listed company please give me step by step information.
Thanks & Best Regards
Praveen
PRAVEEN KUMAR (MBA (Finance) B.Com.(P)) (3443 Points)
05 May 2009Hi,
Please tell me what is the procedure to change the auditor of a listed company please give me step by step information.
Thanks & Best Regards
Praveen
CS Ankur Srivastava
(Company Secretary & Compliance Officer)
(17853 Points)
Replied 07 May 2009
Dear Praveen,
The auditor of the company may be removed before his tenure i.e. before the AGM and on the expiry of his tenure i.e. AGM.
If the Auditor is to be removed before his tenure its require the Approval of Central Government.
If the new auditor is to be appointed in the General Meeting it require special notice.
Ankur Garg
(Company Secretary and Compliance Officer)
(114783 Points)
Replied 07 May 2009
Agree with Ankur.
Please go through Section-225 for more details.
Also check Section224(7).
isha jain
(CS)
(23 Points)
Replied 26 May 2011
i have to change the auditor for my company for the FY 2011-2012. the new auditor will be apointed in AGM.
can i take resignation from the Ex - auditor today and appoint the new auditor. also our company's AGM would be in september and balance sheet would be adopted by the board in august. balace sheet for mar'11 needs to be signed by the ex-auditor
please confirm
Esther DL
(ACCA)
(25 Points)
Replied 12 September 2012
What is the step by step procedure for changing auditor after the AGM.