Question

Where at any Annual General Meeting (AG

  • M , no auditor is 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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