Sudden auditors resignation

Alok Shaw (Manager) (45 Points)

27 May 2015  

Our Auditor is suddenly wants to resign from the Compnay as he is resigning from his Audit Firm. He is no more interested in Audits of the Companies. However, in the AGM held in September 2014 of the Company, he has been appointed for five years as aduitor of the Company. 

Now, my question is since he is resigning from the Company what are the complete formalities for us being a small private limited co. and can we appoint other Auditors in upcoming AGM to be held in September 2015 or we have to appoint an auditor for casual vacancy by calling an EGM.

Thanks.