A casual vacancy arises in the office of an auditor appointed by the Comptroller and Auditor-General of India. What initial period does section 139(8)(ii) of the Companies Act, 2013 give the CAG to…
Question and options
A casual vacancy arises in the office of an auditor appointed by the Comptroller and Auditor-General of India. What initial period does section 139(8)(ii) of the Companies Act, 2013 give the CAG to fill it?
45 days.
30 days.
60 days.
15 days.
Answer and explanation
Section 139(8)(ii) of the Companies Act, 2013 requires a casual vacancy in the office of an auditor of a company audited under the CAG's appointment to be filled by the CAG within thirty days. If the CAG does not fill it, the board must do so within the next thirty days.
Practice for these exams
-
All India Bar Examination (AIBE)
Subject revision
See pack details on LawMint.net -
UGC NET Law
Subject revision
See pack details on LawMint.net -
IIT Kharagpur LL.M. Entrance
Subject revision
See pack details on LawMint.net -
CLAT PG
Subject revision for a passage-based exam
-
CUET PG Law (LL.M.)
Subject revision
-
AILET PG
Subject revision
-
Bihar Judicial Services
Subject revision
Related exam syllabi
More solved explanations in Accounts, audit & CSR
- Social responsibility committee to be established by a company under Section 135 of the Companies Act, 2013 if a company having:
- Which section of the Companies Act, 2013 deals with corporate social responsibility?
- Dividend declared by a company must be paid within _______ from the date of declaration.
- Which section of the Companies Act, 2013 requires a true and fair view in a company’s financial statements?
- Which section of the Companies Act, 2013 governs statutory cost audits?