Question

Where at any Annual General Meeting (AGM), no auditor is

Q: Answer-Where at any Annual General Meeting (AGM), no auditor is appointed or re-appointed, what is the lega...

Section 139 of Companies Act, 2013, deals with the appointment of the auditor including appointment of first auditor, tenure, re-appointment, etc. Section 13910 states that existing auditor will continue as auditors of the company in case no appointmentre-appointment has been made at the annual general meeting of the company.

appointed or re-appointed, what is the legal consequence as per Section 139(10)?

A The Central Government shall appoint an auditor.

B The existing auditor shall continue to be the auditor of the company.

C The Board of Directors shall fill the vacancy within 30 days.

D The position is deemed to be vacant until a Special General Meeting is called.

E The CAG will intervene for all public and private companies.

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Where at any Annual General Meeting (AGM), no auditor is

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