Sample Template Example of Letter / Appointment of First Auditor by Board of Directors of a Company in Board Meeting in Word / Doc / Pdf Free Download
Download First Auditor Appointment Resolution Format
The first
auditor or auditors of a company shall be appointed by the Board of directors
within one month of the date of registration of the company; and the auditor or
auditors so appointed shall hold offices until the conclusion of the first
annual general meeting:
Provided that-
Provided that-
(a) the company may,
at a general meeting, remove any such auditor or all or any of such auditors
and appoint in his or their places any other person or persons who have been
nominated for appointment by any member of the company and of whose nomination
notice has been given to the members of the company not less than fourteen days
before the date of the meeting; and
(b) if the Board fails to exercise its powers under this sub-section, the company in general meeting may appoint the first auditor or auditors.
(b) if the Board fails to exercise its powers under this sub-section, the company in general meeting may appoint the first auditor or auditors.
Note:
However,
the first auditors of the Company are appointed by the Board of Directors
within one month from the date of incorporation of a company. The auditors, so
appointed, hold the office until the conclusion of the first annual general
meeting of the Company. If the Board fails to appoint the first auditor, the
company may do so at a general meeting.
NOTICE TO THE AUDITOR AND INTIMATION BY THE AUDITOR
After
appointment/reappointment of an auditor at the annual general meeting, the
company shall give intimation to the auditor, so appointed within seven days
thereof. On receipt of the intimation from the company, the auditor shall
submit a return to the Registrar of Companies within 30 days of the receipt of
the intimation, informing the Registrar whether he has accepted or refused to
accept the appointment, in Form No. 23B as prescribed by Companies (Central
Government’s) General Rules and Forms, 1956. However, the first auditors are
under no obligation to inform the Registrar.
Download First Auditor Appointment Resolution Format
0 comments:
Post a Comment