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Stat auditor resignation before agm

Prasanna (Working) (47 Points)

26 September 2018

Hi,

My company is asking resignation from auditor who signed our previous financial because he is also the auditor for our competetor. however the signed financial yet to be approved in coming AGM.

my question is, is it possible to take resignation from current auditor before AGM and can he give the resignation before AGM?

what are the procedure for the same

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Ruchika Somani (Coaching and Practice in Tax Audit Law.) (4429 Points)
Replied 26 September 2018

Auditor may be removed by soecial resolution

After giving opportunity of being heard

& by prior approval of CG

Auditor needs to file within 30days of resignation to company & registrar documents related to resignation

vijay mariyala (Job) (126 Points)
Replied 27 September 2018

Yes, Auditor can resign from company before expiry of tenure which results in Casual Vacancy. Auditor has to file form ADT-3, citing the reason for resignation. No prior approval of CG required for resignation.

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