Under Section 139(6) of the Companies Act, 2013, the first auditor of a company (other than a…
Under Section 139(6) of the Companies Act, 2013 (formerly Section 224(5) of the Companies Act, 1956), the first auditor of a company other than a Government company is…
Choose your answer
Under Section 139(6) of the Companies Act, 2013, the first auditor of a company (other than a Government company) is appointed within 30 days of registration by the:
Answer and explanation
Correct answer B
Under Section 139(6) of the Companies Act, 2013 (formerly Section 224(5) of the Companies Act, 1956), the first auditor of a company other than a Government company is appointed by the "Board of Directors" within 30 days from the date of registration of the company. Only if the Board fails to appoint the first auditor do the members (shareholders) appoint the auditor within 90 days at an extraordinary general meeting.
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