banner_ad

Resolution for appointment of auditors in a Govt. company

Stat Audit 677 views 2 replies

In a government company, the entire share capital is held by a state government? Is such a company required to pass special resolution for appointment of auditors?

The company has not, in its notice of AGM, indicated as a special resolution.  

In fact, the audit is over and approved by the next AGM.

What are the consequential effects?

Urgent please....

Replies (2)

The appointment of the auditors would be invalid..

In case of Govt Company, auditor is appointed by COMPTROLLER AND AUDITOR GENERAL OF INDIA (C&AG). The AGM decides the amount of remuneration n al only. Hence appointment is invalid. Regards KRISHNA


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details