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Appointment of first Auditor

Sir , In case of govt companies CAG and other companies BOD will appoint First Auditor. So Does Members Bind That appointment Sir? I mean the appointment have to approve in AGM. There is no Agm in initial how to approve the appointment sir by members


M.V. Naresh

M.V. Naresh

CA Inter

2K+

05-Oct-20 11:50

13

Answers (1)

First auditor holds office from date of appointment till date of first AGM. Members appoint auditors from first AGM onwards.


Suraj Lakhotia

Suraj Lakhotia

Admin

05-Oct-20 15:20