querry in appointment

in my opinion

has there are no auditors appionted in AGM , then central government will have the right to appoint the auditors and the company has to inform the central govt regarding the non appointment of the auditior in the AGM with in seven days

sekher

When the auditor refuses to accept the appointment, it is deemed that no valid appointment is made at AGM. It cannot be said as casual vacancy because there is no appointment at all to lead to casual vacancy. So in such a case, the power to appoint auditors rest with the central govt and the notice to CG should be given within 7 days of intimation of Auditor's non acceptance.

Yep upto my opinion, the answer said by krishna and sekhar are correct.

Now the right to appoint the auditor goes to Central govt as it deems default when the auditor refuses to appointed......

i agree with krishna..there is no casual vacancy of the auditors as the appointed auditors have not accepted the appointment..and the CG is to be informed of such non acceptance within 7 days from the non acceptance by the auditors for the new auditors to be appointed by the CG

1.It is  deemed that no appointment is done by shareholders in AGM u/s 224

2 Power of Appointment is transferred  to central  government

3 Intimation to Central Govt.of Non Acceptance by  company within 7 days of refusal

If it the 1st AGM  the auditor is appointed by the Board of Directors and for any subsequent AGm the Auditor is appointed by the shareholders.If in any case the shareholder cannot appoint Auditor then it is the liability of the Company to intimate the Central Government. And further the appointment will be done by the Central Government........................

Dear Sneha,

Please find enclosed herewith my file for company audit for PCC. Please go through the same for some wonderful knowledge ride.

Hope the file would be of some help.

Regards

Originally posted by : Ankur Garg
	Dear Sneha, Please find enclosed herewith my file for company audit for PCC. Please go through the same for some wonderful knowledge ride. Hope the file would be of some help.   Regards

thank u so much bhaiya...tusi great ho ji,....

In recent exam they have asked this question...

According to Sec 224(3)(4) when the appointed auditor rejects the appointment then within seven days of non acceptance company should inform the central government then CG will be appointing the auditor