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Which section of the Companies Act, 2013 deals with a company auditor’s remuneration?

Question and options

Which section of the Companies Act, 2013 deals with a company auditor’s remuneration?

  1. Section 139

  2. Section 142

  3. Section 141

  4. Section 140(1)

Answer and explanation

Correct answer: B - Section 142

Section 142 of the Companies Act, 2013 governs the auditor’s remuneration, which includes expenses incurred in connection with the audit and excludes payment for other services. Section 139 covers appointment, section 140(1) removal, and section 141 eligibility.

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