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    Question

    The first auditor of a company, other than a Government

    company, shall be appointed by the _________________ within thirty days from the date of registration of the company
    A Members Correct Answer Incorrect Answer
    B Shareholders Correct Answer Incorrect Answer
    C Board of Directors Correct Answer Incorrect Answer
    D Central Government Correct Answer Incorrect Answer
    E Controller and Auditor General of India Correct Answer Incorrect Answer

    Solution

    Section 139.Appointment of auditors: (6) Notwithstanding anything contained in sub-section (1), the first auditor of a company, other than a Government company, shall be appointed by the Board of Directors within thirty days from the date of registration of the company and in the case of failure of the Board to appoint such auditor, it shall inform the members of the company, who shall within ninety days at an extraordinary general meeting appoint such auditor and such auditor shall hold office till the conclusion of the first annual general meeting.

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