Question

6. What is the procedure for appointment of a company auditor?​

Answer 1

Explanation:

If the directors fail to appoint first auditor, the members in general meeting of the company may appoint the first auditor. In case, the first auditor is not appointed within one hundred and twenty days of the date of incorporation of the company, the Commission may appoint the auditor to fill the vacancy.

Answer 2

Answer:

1. At each Annual General Body meeting of the company, the shareholders shall appoint an auditor for the company. 2. The auditor so appointed shall hold office until the conclusion of the subsequent annual general body meeting

Explanation:

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