Forums

Explain this

Corporate & Other Laws

What is casual vacancy ??

c699f63c-44c5-4703-87dd-ec52251d7a66.jpg

Dhakshana Dhakshana

Dhakshana Dhakshana

CFA L1

18K+

19-Mar-23 12:28

202

Answers (2)

Vacancy arises in company due to resignation or death or removal of the auditor from his position. In simple terms, vacancy arises other than rotation of auditor


Ashik Ahamed

Ashik Ahamed

CA Inter

1K+

19-Mar-23 19:41

Correctly explained above by Ashish. To add to it, Its basically when Auditors position is vacated before the expiry of his term. It could be for many reasons including disqualification, death, resignation, removal etc.


CA YOGITA HARJANI

CA YOGITA HARJANI

Faculty

20-Mar-23 13:23

CA Foundation - All the Best
CFA Webinar | Register Now
MCQs Now
CA Scholarship Available

CIN: U74999TG2017PTC116012 | GSTIN: 36AAECI4332C1Z0 | PAN: AAECI4332C

2024 IndigoLearn.com All Rights Reserved