Auditors’ rights to attend meetings

Section 502 establishes the right of an auditor to
receive notice of and to attend at meetings:

(1)  A company’s auditor is entitled-
(a) To receive all notices of, and other communications
relating to, any

general meeting which a member of the company is entitled to
receive;

(b) To attend any general meeting of the company; and
(c) To be heard at any general meeting which they
attend on any part of the business of the meeting which concerns him as
auditor?
In the case of private companies which are no
longer required hold annual general meetings, unless they wish to, s 502(1)
requires a private company to send to the auditors a copy of any written
resolution to which a member is entitled. Written resolutions can be used by
private companies and circulated to members instead of having meetings.

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