Companies Act 2014


Removal and resignation of statutory auditors

Removal of statutory auditors: general meeting

394. A company may, by ordinary resolution at a general meeting, remove a statutory auditor and appoint, in his or her place, any other person or persons, being a person or persons—

(a) who have been nominated for appointment by any member of the company and who are qualified by virtue of the European Communities (Statutory Audits) (Directive 2006/43/EC) Regulations 2010 ( S.I. No. 220 of 2010 ) to be statutory auditors of the company, and

(b) of whose nomination notice has been given to its members,

but this is—

(i) subject to section 395 , and

(ii) without prejudice to any rights of the statutory auditor in relation to his or her removal under this section.