COMPANIES ACT (NORTHERN IRELAND) 1960 - SECT 154 Provisions as to resolutions relating to appointment and removal of auditors.

	[Home] [Databases] [World Law] [Search] [Feedback]
	Northern Irish Legislation
You are here: BAILII >> Databases >> Northern Irish Legislation >> COMPANIES ACT (NORTHERN IRELAND) 1960

[Index] [Table] [Search] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

COMPANIES ACT (NORTHERN IRELAND) 1960 - SECT 154

Provisions as to resolutions relating to appointment and removal of auditors.

154€.(1) Special notice shall be required for a resolution at a company's
annual general meeting appointing as auditor a person other than a retiring
auditor or providing expressly that a retiring auditor shall not be
reappointed.

(2) On receipt of notice of such an intended resolution as aforesaid,
the company shall forthwith send a copy thereof to the retiring auditor, if
any, and to the person, if any, whom the resolution proposes to appoint as
auditor.

(3) Subject to sub-section (4), where notice is given of such an intended
resolution as aforesaid and the retiring auditor makes with respect to the
intended resolution representations in writing to the company (not exceeding a
reasonable length) and requests their notification to members of the company,
the company shall, unless the representations are received by it too late for
it to do so

(a)in any notice of the resolution given to members of the company, state the
fact of the representations having been made; and

(b)send a copy of the representations to every member of the company to whom
notice of the meeting is sent (whether before or after receipt of the
representations by the company);

(4) Copies of the representations need not be sent out as aforesaid and the
representations need not be read out at the meeting as aforesaid if, on the
application either of the company or of any other person who claims to be
aggrieved, the court is satisfied that the rights conferred by this section
are being abused to secure needless publicity for defamatory matter; and
the court may order the company's costs on an application under this section
to be paid in whole or in part by the auditor, notwithstanding that he is not
a party to the application.

(5) Sub-sections (3) and (4) shall apply to a resolution to remove the first
auditors by virtue of sub-section (6) of section one hundred and fifty-three
as they apply in relation to a resolution that a retiring auditor shall not be
reappointed.][

[Index] [Table] [Search] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

BAILII: Copyright Policy | Disclaimers | Privacy Policy | Feedback
URL: http://www.bailii.org/nie/legis/num_act/cai1960267/s154.html

Northern Irish Legislation

COMPANIES ACT (NORTHERN IRELAND) 1960 - SECT 154