Auditor5 Nov 2026, 11:21 pm
Garbi Finvest auditor resigns due to non-payment of fees
AI Summary
Garbi Finvest Ltd has announced the resignation of its statutory auditor, M/s Kushal S. Poonia & Co., Chartered Accountants. The resignation is due to the non-payment of professional fees, which remained outstanding despite becoming due. The auditor's resignation letter was received on November 3, 2026. The resignation will be effective upon the completion and issuance of the Limited Review Report for the quarter ended September 30, 2026. The company plans to fill the vacancy within thirty days as per the Companies Act, 2013.
Key Highlights
- Statutory auditor M/s Kushal S. Poonia & Co. has resigned.
- Reason for resignation is non-payment of professional fees.
- Resignation effective upon completion of the Q3 FY27 limited review.
- Vacancy to be filled within 30 days.
- Auditor appointed on August 20, 2024, term until 2027 AGM.
Price Impact
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