Requirement of passing special resolution for appointment of auditor by company in which shareholding, exceeding 25 per cent of subscribed capital, held by public institutions, etc.

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..... by company in which shareholding, exceeding 25 per cent of subscribed capital, held by public institutions, etc. ‑ Whether material date is the date of annual general meeting at which special resolution is required to be passed Section 224A, inter alia, requires a special resolution to be passed for the appointment/reappointment of an auditor by a company in which not less than 25 per cent .....

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..... e of the general meeting. In exceptional cases, however, where a change in the shareholding pattern in the company has taken place, between the date of issue of notice of the general meeting and the date of actual passing of this resolution regarding appointment of auditor, the company may either-- i. adjourn the meeting to another date, and later issue the required notice in accordance with la .....

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