Please Help: Removal of auditor in private limited company
Posted Date : 03-Jul-2013 , 02:55:28 pm | Posted By: Karan Gangwani
Category :
Audit | Answers :
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Comments :
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Whether approval of Central Government is required for removal of auditor in case of private limited company ? |
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Answers:
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 Answer by: Akanksha Handa |
| As per Section 224(7) :-“Except as provided in the proviso to sub- section (5), any auditor appointed under this section may be removed from office before the expiry of his term only by the company in general meeting, after obtaining the previous approval of the Central Government in that behalf.”
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| Posted By : SUBHASH KUMAR JHA |
12-Jul-2013, 10:30:58 |
| FOR REMOVAL OF AUDITOR OTHER YHAN 1ST AUDITOR APPROVAL OF CENTRAL GOVERNMENT IDS REQUIRE IF SUCH VACANCY IS PLACED BEFORE EXPIRY OF NORMAL PERIOD |
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