QuestionsCategory: General QuesSection 139(1) – No AGM – Cooling Period
Sarthak BansalSarthak Bansal asked 1 year ago

In case of the appointment of subsequent auditor where no agm is held, and backlog of AGM is completed in 10th AGM.. then existing auditor must have done the audit till 10th AGM.. now if the board changes the auditor in 5th AGM… What about the work existing auditor done till 10th AGM… @RaviTaori_II

1 Answers
RaviRavi Staff answered 11 months ago

Generally these things are informally decided between Auditor & Management & then later on they are approved in AGM.
So expectation mismatch doesn’t happen in Practical Life.