Sunday, 15 March 2020

REMOVAL OF AN AUDITOR (S 362)


     
        Image result for IMAGES FOR REMOVAL
  Removal of an Auditor According to Section 362 of the Companies and Allied Matters Act of Nigeria, the removal of auditors can be effected in the following manner: 

a) A company may by an ordinary resolution remove an auditor before the expiration of his term of office, notwithstanding anything in any agreement between it and him; 33 
b) Where a resolution removing an auditor is passed at a general meeting of a company, the company shall within 14 days give notice of that fact in the prescribed form to the Commission; 
c) The removal provisions shall not deprive the auditor of compensation or damages payable to him.

ARTICLE BY MONDAY DESMOND

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