Appointment of first Auditor

Auditing

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 Naresh

CA Final

★ 3K+

05-Oct-20 11:50

668

Answers (1)

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

CA Suraj Lakhotia

Admin

05-Oct-20 15:20