Reg:Appointment of statutory auditors

Hii Friends

I am bit confused abt the provisions of section 2241(B) for re-appointment of statutory auditors of a Private Company, please correct me if I am wrong.

Dear Sirs
 
Please correct me, if I am wrong;

Step 1:an intimation letter has to be given to the statutory auditors of the company, telling that they have been proposed to be re-appointed as the statutory auditors, WELL BEFORE THE DATE FIXED FOR AGM.

Step 2:The auditors will send the confirmation letter, confirming their willingness to be re-appointed as per sec 2241B.

Step 3:The company will then pass an ordinary resolution in the AGM and also give him the appointment letter at the time of AGM or later, but not before AGM.

Step 4:Then the auditors will be required to file form 23B with ROC within 30 days of the receipt of the appointment letter from the Company

Regards

Priya Sharma