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CORPORATE LAWS (Company Law,LLP,SEBI,Competition etc..)

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Rahul Kapoor, CA LLB Shailendra Kumar Lal, Hemant Meghwal, RSJ LexComply, Member (Account Deleted), Priyank Dalicha, Legal Assist Advocates, rohit s, nandiadinavar, Alok Kumar Kuchhal,


By : PC Agrawal
On : 13 June 2009

Resignation of first auditor

As per Sec.224(6)(a) vacancy caused due to resignation of auditor can be filled by general meeting only.  The question is whether this provision is also applicable for resignation of the first auditors appointed by the Board?  In my view, no.  Such vacancy can be filled by the Board only.



By : Nirav Pankaj Shah
On : 15 June 2009


 Yes Agarwalji, if caused by resignation then can b filled only at General Meeting. 


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