Please enable JavaScript.
Coggle requires JavaScript to display documents.
ACCOUNT AND AUDITOR - Coggle Diagram
ACCOUNT AND AUDITOR
-
Resignation of auditor
Section 281(2) of Companies Act – A notice of resignation shall bring the auditor’s term of office to an end after 21 days from which the notice is given or from the date specified in the notice.
Section 282(1) of Companies Act – The company shall send a copy of the notice to Registrar within 7 days from the receiving of a notice of resignation.
Section 281(1) of Companies Act – An auditor of a company may resign his office by giving a notice in writing to that effect to the company at its registered office
-
Auditors' privilege
Section 286(2) of Companies Act- A person shall not be liable to any action for defamation in respect of the publication of any document prepared by an auditor in the course of his duties and required under the Act to be lodged with the Registrar
Section 286(1) of Companies Act- An auditor shall not be liable to any action for defamation in respect of any statement which he makes in the course of his duties as an auditor
Section 286(2) of Companies Act- An auditor shall not be liable for any criminal or disciplinary proceedings for any report under Section 266 submitted by the auditor in good faith and in the intended performance of any duty imposed on the auditor under the Act.
Removal of auditor
Section 276(1) of Companies Act – The members of a company may remove an auditor from office at any time
Section 278(2) of Companies Act – Notice to Registrar of resolution to remove auditor must be given within 14 days.
-