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      Question

      The remuneration of the auditor of a company shall be

      ________________________
      A Fixed by the Board Correct Answer Incorrect Answer
      B Fixed in its general meeting Correct Answer Incorrect Answer
      C Fixed by the Central Government Correct Answer Incorrect Answer
      D As agreed by the Auditor at the time of appointment Correct Answer Incorrect Answer

      Solution

      Fixed in its general meeting, Explanation: Section 142 (1) 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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