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      Question

      The first auditor of a company is appointed by

      the:
      A Shareholders in the Annual General Meeting (AGM). Correct Answer Incorrect Answer
      B Board of Directors within 30 days of incorporation. Correct Answer Incorrect Answer
      C Central Government. Correct Answer Incorrect Answer
      D Comptroller and Auditor General of India (C&AG). Correct Answer Incorrect Answer

      Solution

      As per the Companies Act, 2013, the first auditor of a company (other than a government company) is to be appointed by the Board of Directors within 30 days of the date of registration of the company.

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