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Question

In which section of Companies Act, 2013, the provisions relating to an auditor's remuneration is covered?

A
Section 140
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B
Section 141
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C
Section 142
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D
Section 139
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Solution

The correct option is C Section 142
Remuneration of Auditors [142(1)] :- Remuneration shall be decided by members at a general meeting except for the remuneration of first auditor which shall be decided by board.

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