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Who appoints ...

Question

Who appoints the auditors of a company?

A

Shareholders

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B

Central Government

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C

Board of directors

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D

Registrar of companies

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Solution

The correct option is A Shareholders
Section $139$ of the companies Act $2013$ contains provisions regarding the appointment of auditors. Accordingly auditors are appointed by shareholders.

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Q. The board of directors shall appoints first auditor of a company___________.

Q. In case the Board of directors fails to appoint the first auditor within 30 days of its incorporation, the company in ________ may appoint the first auditors.

Q. If shareholders cannot appoint the auditors in General Meeting, then who will appoint the auditors?

Q. Which of the following is special business?
(1) Consideration of financial statements
(2) Consideration of reports of the board of directors and auditors
(3) Declaration of any dividend
(4) Appointment of directors in place of those retiring
(5) Appointment of, and the fixing of the remuneration of, the auditors
Select the correct answer from the options given below:

Q. As per Section 139(6) of the Companies Act, 2013 provides that the first auditor or auditors are to be appointed by the Board of directors within ____________ of the date of the registration of the company.

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