Most companies do not seek shareholders’ approval for ratification of auditors, says report
Updated : July 18, 2018 09:58 AM IST
161 companies held their AGMs between May 1 and July 15, out of which, eighty-four companies did not seek ratification of auditors.
Out of the 84 companies, 20 are state-run banks, said the report.
About 32 auditors resigned in the first five months of 2018 without mentioning the reason.