Friday, June 2, 2017

RIGHTS OF AUDITORS

RIGHTS OF AUDITORS
1.     Sec. 360 (3) every auditor of a coy shall have a right of access it all time to the company's account and vouchers, and entitled to require from the company office such information and explanation that he thinks necessary for the performance of the auditor's duties.
2.     Sec. 363 (1) A company's auditor shall attend any general meeting of the company and to receive all notices of and other communication relating to any general meeting which a members of the company is entitle to receive and to be heard at any general meeting which they attended on any part of the business of the meeting which concerns them as auditors.
3.     An auditor of a company who has been removed shall be entitled to attend.
                                i.               The general meeting at which his term of office would otherwise has expired and.
                              ii.               Any general meeting at which it is proposed to fill the vacancy caused by his removal. And to receive all notices of and other communication relating to any such meeting which any member of the company is entitled to receive and to be heard at any such meeting which he attend on any part of the business of the meeting which concerns him as former auditor of the company.
4.     Right of representation where matters arises.
5.     Right of lien

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