Question

Though auditors are appointed by an equity shareholders in certain cases auditor can be appointed by ___________.

• A. directors
• B. central government
• C. both (A) or (B)
• D. debenture holders

Answer 1

The correct option is C both (A) or (B)

In case shareholders are not able to appoint the auditor, board of directors shall appoint the auditors .

And in case if the board of directors are not able to appoint the auditors, central government shall appoint the same.