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Sturdy Tents Sdn Bhd (Sturdy Tents) is a company which manufactures tents. The companys issued share capital is 50,000 ordinary shares with a par value

Sturdy Tents Sdn Bhd (Sturdy Tents) is a company which manufactures tents. The companys issued share capital is 50,000 ordinary shares with a par value of RM1 per share. Lance is one of the shareholders in Sturdy Tents. He is unhappy with the fact that Sturdy Tents engages the services of the same auditor for the past ten years. He thinks it is necessary for the company to appoint a new auditor. Based on the above facts, answer the following questions:

a. Discuss the law on appointment and removal of auditors.

b. Explain the roles of an auditor under the Companies Act 2016. Do you agree with Lance that Sturdy Tents should change its auditor? Why?

c. Explain the rights and privileges afforded by the Companies Act 2016 to an auditor to assist them in carrying out their duties.?

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