Appointment of first Auditor

    Posted By : SHIRITI KUMARI & ASSOCIATES / Published on : 06-Sep-2018 04:40 AM / View : 108 / Comment : 0
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    One of my client was incorporated in December 2017, as per companies Act First Auditor needs to appoint within 30 days by the board of Directors and in case of failure members shall appoint the auditor within 90 days at EGM till the conclusion of First AGM.

    Queries:

    Now my question is, Foreign Director who is not available in India till 90 days from the date of incorporation. In this case how we can appoint auditor?

    Another question which raised is that on the date of Signing and on the date of AGM if the foreign director is not available. Then, how the balance sheet can be adopted in AGM?

    Q. Asked by
    Kanika Sharma
    Read more on : auditor first appointment



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