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


05-Oct-20 11:50


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


05-Oct-20 15:20