REAPPOINTMENT & RATIFICATION

Sir, 
As per sec 139(9) & 139(10) when no auditor is appointed or reappointed, the existing auditor shall continue to be the auditor of the company 

But as per sec 139(1), at every AGM ie up to the conclusion of 6th AGM, members need to ratify the appointment of auditors if not then auditor shall have to vacate his office. 

Isnt 139(9)&(10) contradicts with 139(1) cuz in (9)&(10) auditor will automatically continue his office if he is not appointed or reappointed and on contrary (1) says members need to ratify the appointment of auditors otherwise auditor have to vacate his office. 

pls answer
Replies (1)

hii

I think in sec 139(1) there is only provision for to ratify the appointment of auditors not to vacate the office.

 

Regards

CS PRIYA GARG

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
19 September 2026
Finance Manager

Mugdha Art Studio

Hyderabad

CA

View Details
Company
ARTICLESHIP 16 September 2026
CA Article Trainee

SR BAGAI & Co.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 07 September 2026
Article/ Paid Assistant

Murali and Sumeet Chartered Accountant

Bengaluru

CA Foundation

View Details
Company
ARTICLESHIP 07 September 2026
CA Articles

Kothari Jain Patil & Chartered Accountants

Pune

CA Inter

View Details
Company
Featured 12 September 2026
Assistant Manager - Finance & Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 11 September 2026
Audit Executive

RBSM Corporate Advisors Private Limited

Pune

CA

View Details
Company
ARTICLESHIP 04 September 2026
Accounts Executive

Hema Yashwanth & Associates

Chennai

B.Com

View Details
Company
ARTICLESHIP 26 August 2026
Article Assistant

ANIVESH CONSULTANTS LLP

Gurgaon

CA Inter

View Details