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How any a casual vacancy arising from the resignation

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Question - Emali Co. Ltd. has undergone a period of substantial growth following its establishment five years ago. At the last annual general meeting Smith & Co. Associates, a tow-partner firm of Certified Public Accountants were re-appointed as auditors. However, Smith & Co. Associates have decided that they do not have the necessary resources to audit the enlarge company.

Required -

a) Briefly, explain how Smith & Co. Associates may resign from its appointment before the next annual general meeting.

b) How any a casual vacancy arising from the resignation of present auditors be filled and what procedures are necessary before the company's next annual general meeting at which the appointment will be presented for ratification?

Reference no: EM132928258

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