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Question

The company auditor has a right to be ____________.

A
Re-appointed
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B
Consulted
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C
Indemnified
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D
All of these
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Solution

The correct option is C Indemnified
As per Section 633 of the Companies Act, an auditor has a right to be indemnified out of the assets of the company against any liability incurred by him defending himself against any civil and criminal proceedings by the company if it proves that auditor has acted honestly.

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