https://www.taxtmi.com/caselaws?id=273685 The Tribunal emphasized the urgency in disposing of the application for the removal of the Statutory Auditor to prevent potential loss and injury due to delays. It considered the interest of justice and recent actions by the Ministry of Corporate Affairs. The disqualification of Directors for non-filing of Annual Returns led to the introduction of the "Condonation of Delay Scheme 2018" to rectify defaults. The Tribunal found no justifiable grounds for resisting the replacement of Auditors, appointing M/S. K.G. Somani and Company as the new Statutory Auditors to ensure compliance with the Ministry's scheme. en-us Fri, 19 Jan 2018 00:00:00 +0530 Tue, 10 Jul 2018 05:50:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=273685 The Tribunal emphasized the urgency in disposing of the application for the removal of the Statutory Auditor to prevent potential loss and injury due to delays. It considered the interest of justice and recent actions by the Ministry of Corporate Affairs. The disqualification of Directors for non-filing of Annual Returns led to the introduction of the "Condonation of Delay Scheme 2018" to rectify defaults. The Tribunal found no justifiable grounds for resisting the replacement of Auditors, appointing M/S. K.G. Somani and Company as the new Statutory Auditors to ensure compliance with the Ministry's scheme. Case-Laws Companies Law Fri, 19 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=273685