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Question

''Casual Vacancy" in relation to auditor means vacancy which arises due to -
1. Resignation
2. Death
3. Disqualification of auditor
Select the correct answer from the options given below -

A
1 and 2
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B
1 and 3
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C
2 and 3
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D
All 1,2 and 3
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Solution

The correct option is D All 1,2 and 3
The term Casual Vacancy is not defined under the Companies Act 2013. It is generally meant that the casual vacancy of auditor will arise on account of:
  • Resignation by the Auditor
  • Death of an Auditor
  • Disqualification of Auditor

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