Question

The section of the companies Act, 2013 which contains provisions regarding remuneration of the auditor is:

A Section 139 Correct Answer Incorrect Answer
B Section 141 Correct Answer Incorrect Answer
C Section 142 Correct Answer Incorrect Answer
D Section 148 Correct Answer Incorrect Answer

Solution

Section 142 of the Companies Act, 2013 deals with the remuneration of auditors. It states that the remuneration of the auditor of a company shall be fixed in its general meeting or in such manner as may be determined therein. Provided that the Board may fix remuneration of the first auditor appointed by it.

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