IS IT COMPULSORY TO MENTION THE AUDITOR`S FIRM REGISTRATION NUMBER IN THE AGM RESOLUTION APPOINTING THEM .....???????
nidhigoel89
(Company Secretary )
(596 Points)
Replied 09 February 2011
Hello!
No, its not at all mandatory to mention auditor's firm registeration no in a BR for appointing them.........
Regards
Nidhi
Jayashree S Iyer
(Company Secretary)
(3224 Points)
Replied 10 February 2011
As per the recent decision taken by the Council of the Institute of Chartered Accountants
of India (ICAI), in its 292nd meeting held on January 13, 2010, effective from 1 April 2010, the
resolution passed by a company regarding appointment of the statutory auditor of the
company under section 224 of the Companies Act, 1956, should also contain the registration
number of the firm of the auditor(s) with the ICAI.
A model resolution for appointment of statutory auditor is given below for your easy reference.
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To appoint Auditors and to fix their remuneration and in this regard to consider and if thought fit,
to pass, with or without modification(s), the following resolution as an Ordinary Resolution:
“RESOLVED THAT M/s. ..............................., Chartered Accountants (Registration No. ............)
be and are hereby appointed as Statutory Auditors of the Company, to hold office from the
conclusion of this annual general meeting until the conclusion of the next annual general meeting
of the Company on such remuneration as may be mutually agreed upon between the
Board of Directors of the Company and the Statutory Auditors, plus reimbursement of
service tax, out of pocket and traveling expenses actually incurred by them in connection
with the Audit.”
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So, the firm Registration No. need to be incorporated in the resolution appointing the
statutory auditor.