Auditaudit Staff asked 4 years ago
1 Answers
Adminadmin answered 4 years ago

Suppose auditor is appointed on 8th AGM he will continue till 13th AGM. Ratification is required in 9/10/11/12 AGMs, if there is no ratification it will be casual vacancy board will appoint. if “No Appointment” at 13th AGM then automatic reappointment is applicable. Both concepts are for different purpose.
 

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