Question

Casual vacancy arising due to resignation of an auditor may be filled by____________________.

• A. Board of director
• B. Shareholder's in general meeting
• C. Audit committee
• D. Debenture holders

Answer 1

The correct option is A Board of director

Appointment in case of Casual vacancy: According to section $139\left(8\right)$ Casual vacancy arises due to death insanity, disqualification or insolvency of the auditor. Board of directors has the power to fill the vacancy. Auditor so appointed hold office till the conclusion of next general meeting.