Removal of auditors

Discussion in 'Technology' started by ayushi, Sep 10, 2013.

  1. ayushi

    ayushi Member

    I want to know can an auditor be removed before completion of his tenure Ex: In a pvt company the agm conducted in sep 2012 an auditor is appointed for fy 2012-13. But now company wants to remove the auditor before his term and want to conduct the audit for fy 2012-13 from another auditor. Can Company take this action and can the new auditor accept this appointment and if so what legal formalities and procedure both company and auditor have to do.?

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