REAPPOINTMENT & RATIFICATION

665 views 1 replies
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
16 July 2026
Manager - Finance & Accounts

Aliens Group

Hyderabad

CA Final

View Details
Company
ARTICLESHIP 23 July 2026
Article

Gianender & Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 28 July 2026
Article/Intern/Semi-Qualified/Fresher B.Com

VNSS & Co

Mumbai

Others

View Details
Company
05 July 2026
Financial Controller

NovumLake Partners

Mumbai

CA

View Details
Company
ARTICLESHIP 14 July 2026
Article Assistants

R Shyam and Associates

New Delhi

CA Final

View Details
Company
13 July 2026
AVP / VP - PCG Advisory

Workforce Connect

Mumbai

MBA

View Details
Company
ARTICLESHIP 30 June 2026
2 posts Article assistant and Articleship completed students

Chirag N Shah & Associates

Mumbai

CA Inter

View Details
Company
Featured 16 July 2026
Semi Qualified Company Secretary

Vakilsearch.com

Chennai

CS

View Details