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      Question

      As per Section 139 of the Companies Act, 2013, every

      company shall, at the first AGM, appoint an individual or a firm as an auditor who shall hold office from the conclusion of that meeting till the conclusion of its _____ AGM and thereafter till the conclusion of every ____ meeting.
      A 5th; 5th Correct Answer Incorrect Answer
      B 5th, 6th Correct Answer Incorrect Answer
      C 6th, 5th Correct Answer Incorrect Answer
      D 6th, 6th Correct Answer Incorrect Answer
      E None of the above Correct Answer Incorrect Answer

      Solution

      Section 139 – Appointment of Auditors Every company shall, at the first AGM, appoint an individual or a firm as an auditor who shall hold office from the conclusion of that meeting till the conclusion of its 6th AGM and thereafter till the conclusion of every sixth meeting. Snapshot from study notes of the ixamBee SEBI course covering topic in crisp and easy to remember format

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