Ratifying appointment of auditors at AGMs should continue: panel2 min read . Updated: 29 Jun 2012, 11:03 PM IST
Ratifying appointment of auditors at AGMs should continue: panel
New Delhi: A parliamentary panel on finance looking into the proposed Companies Bill 2011 has recommended that the practice of ratifying the appointment of company auditors every time an annual general meeting (AGM) of the company is convened, should be continued, disregarding the view taken by the corporate affairs ministry, which wants such appointments frozen for a five-year period.
Select your Category