Circular : No. 35/6/68 CL III, dated 18 11 1969. Subject:-Appointment of auditors other than retiring auditors Non forwarding of notice to retiring auditors Consequence of The effect of non forwarding of notice under section 225(2) to the retiring auditors has been examined by the Company Law Bo

Circular : No. 35/6/68 CL III, dated 18 11 1969. Subject:-Appointment of auditors other than retiring auditors Non forwarding of notice to retiring auditors Consequence of The effect of non forwarding of notice under section 225(2) to the retiring auditors has been examined by the Company Law Bo https://www.taxtmi.com/circulars?id=10793 Non forwarding of the special notice for appointing or removing auditors renders the resolution illegal and ineffective. The statutory framework mandates sending the notice to the company and a copy to the retiring auditor, allowing written representations and circulation to members; strict compliance is required and contravention exposes the company to penalties. Additionally, a new chartered accountant accepting appointment without written communication with the retiring auditor or without verifying compliance with the notice obligation may be deemed guilty of professional misconduct under the professional schedule. en-us Tue, 18 Nov 1969 00:00:00 +0530 Fri, 17 Jun 2011 10:46:00 +0530 TaxTMI RSS Generator Circular : No. 35/6/68 CL III, dated 18 11 1969. Subject:-Appointment of auditors other than retiring auditors Non forwarding of notice to retiring auditors Consequence of The effect of non forwarding of notice under section 225(2) to the retiring auditors has been examined by the Company Law Bo https://www.taxtmi.com/circulars?id=10793 Non forwarding of the special notice for appointing or removing auditors renders the resolution illegal and ineffective. The statutory framework mandates sending the notice to the company and a copy to the retiring auditor, allowing written representations and circulation to members; strict compliance is required and contravention exposes the company to penalties. Additionally, a new chartered accountant accepting appointment without written communication with the retiring auditor or without verifying compliance with the notice obligation may be deemed guilty of professional misconduct under the professional schedule. Circulars Companies Law Tue, 18 Nov 1969 00:00:00 +0530 https://www.taxtmi.com/circulars?id=10793