Auditors, Business Law and Ethics

Auditors:

APPOINTMENT:

          S.159 (1) provides that "every company shall at each annual general meeting appoint an auditor or auditors to hold office from the above in shortly of that, until the in short form of the next, annual general meeting".

REAPPOINTMENT:

          By S.159 (2) a retiring auditor shall be deemed to be reappointed without any resolution being passed unless:-

a) Here he is not qualified for reappointment; or

b)  a resolution has been passed at that meeting (i.e. annual general meeting) appointing somebody instead of him or providing expressly that he shall not be appointed; or

c) Here he has given the company notice in writing of his unwillingness to be reappointed.

Posted Date: 1/15/2013 2:24:52 AM | Location : United States







Related Discussions:- Auditors, Assignment Help, Ask Question on Auditors, Get Answer, Expert's Help, Auditors Discussions

Write discussion on Auditors
Your posts are moderated
Related Questions
What is a condition precedent? Provide me with an example.

David wants to open a restaurant in Melbourne. He engages Robert Boyd Pty Ltd, an architectural firm, to design the restaurant interior and exterior including the layout and positi

Q. Corporate form based definition of phoenix activity? As phoenix activity entails the manipulation of the corporate form, it can be defined in these terms. A definition could

Return As To Allotments: Section 54 (1) provides that whenever a company limited by shares or a company limited by guarantee and having a share capital makes any allotment of

Civil Liabilities: LIABILITY FOR FAILURE TO STATE ANY MATTER OR REPORT At Common Law, a contract of allotment is not a contract Uberrimae Fidei. The company is therefore no

Models for a criminal-justice system based on an ethos of rehabilitation and reintegration ... have been regarded as idealistic but unworkable in the real world, except perhaps in

Prospect of inflationary wage settlements The same logic can be applied to various supply side policies. Take, for example, the prospect of inflationary wage settlements. If w

Question 1: a) Explain the four principles of effective financial regulations. b) Describe briefly the various regulatory tools used to achieve objectives of financ

QUESTION 1 Barclays Bank in Mauritius has interviewed various candidates for the post of Chief Executive Officer. Its HR department has requested you to provide them with some

Fraudulent Trading: Under s.323, if the court finds that the business of a company in liquidation has been carried on with intent to defraud creditors or for any fraudulent pu