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Atharva Apte asked 4 months ago

Section 139(8) of the Companies Act, 2013.
Any casual vacancy in the office of an auditor shall in the case of a company other than a company whose accounts are subject to audit by Comptroller and Auditor General of India,

  •   be filled by the board of directors within 30 days.
  •   if such casual vacancy is as a result of resignation of the auditor, such appointment shall also be approved at a general meeting convened within three months of recommendation of board and he shall hold office till the conclusion of next annual general meeting.

In this context, does the word ‘recommendation’ mean recommendation process of Section 177?

1 Answers
RaviRavi Staff answered 4 months ago

For appointment of subsequent auditor at AGM, detailed procedure need to be followed audit committee to bod and then to shareholders.
in case of resignation it will be directly board of director to shareholders and they will finalise this appointment 

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