Auditors may be removed by an ordinary resolution of the shareholders at a general meeting. Which of these rights do the auditors not have when a resolution for their removal is presented to the meeting?
A) The right to receive copies of any resolution for their removal
B) The right to make written representations to the shareholders who have received notice of the meeting and have them circulated to the shareholders by the company
C) The right to table an alternative resolution at the meeting that they retain their office as auditor
D) The right to speak at the meeting and make representations concerning their removal

Question

Quizplus · Accepted Answer

Auditors do not have the right to table an alternative resolution at the meeting to retain their office. They can make representations and speak at the meeting but cannot propose resolutions.

Auditors May Be Removed by an Ordinary Resolution of the Shareholders