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
You are a Graduate Legal Officer employed in the Constitutional Policy Unit of the Australian Attorney-General's Department. Until this point, your supervisor, Rodger Dodger, has p

Contractual Capacity of Persons of Unsound Mind Furthermore a contract entered into through a person of unsound mind is voidable on his option whether it is proved that the ot

Explain the modes of  acquiring territory There are certain modes of  acquiring territory. Before 1948, there were a  lot  of  territories available and mostly areas were unkno

Question 1: i) What are the main characteristics of good faith bargaining? ii) What are the main criteria used in the US labour relations system to test good faith bargain

Explain the white paper of parliamentary procedures. White Paper: It sets out the intention of the legislation and takes in account comments which have been received onto

As a soon-to-be media practitioner, you will encounter many legal issues in the media industry. In this assignment, you are required to examine one main legal issue that media prac

DISADVANTAGES: Whether delegated or subsidiary legislation has been criticised just to a variety of reasons, the main ones being that it is:as; (a)   Less democratic Whe

Meaning Of "Public":                    For the purposes of the prospectus issue the word "public" is declared by S.57 (1) to include "any section of the public, whether selec

Common law rule - meetings and resolutions: The common law rule applies irrespective of whether the failure to give notice of the meeting was deliberate or unintentional.  How

Question 1: What are the duties of the holder of a Tourist Enterprise Licence, as provided by the Tourism Authority Act? Question 2: What are the relevant consideration