Auditor Registration in vadapalani - Filingpoint


Welcome to Filingpoint CA for  Auditor Registration Expert +91 72999 72500

An Filingpoint auditor can resign from a company by filing a notice with the Registrar of Companies. The notice should include a statement on the reasons for resignation. This statement is mandatory to be filed within thirty days of the date of resignation. If the resigning auditor does not file this statement, they may be subjected to penalty under Section 140(2) of the Companies Act, 2013.

The board of a company can also ask an external auditor to resign by giving them a notice that states the reason for the resignation. This is a common practice in India and it helps in maintaining good corporate governance norms. In the wake of scandals like IL&FS and DHFL, the government has been tightening up the rules for independent directors and auditors.

The move comes after Deloitte raised concerns over certain transactions flagged by a U.S-based short seller. The move could spook investors and damage Adani Group's image. The Hindenburg Research report wiped out around $150 billion in market value of the group's companies, although their shares have since rebounded.

Contact Filingpoint Auditor Registration in Vadapalani +91 72999 72500

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