Question
As per the Companies Act, 2013, which of the following
is correct condition on the basis of which a retiring auditor may be re-appointed at an annual general meeting?ÂSolution
Section 139.Appointment of auditors: (9) Subject to the provisions of sub-section (1) and the rules made thereunder, a retiring auditor may be re-appointed at an annual general meeting, if— (a) he is not disqualified for re-appointment; (b) he has not given the company a notice in writing of his unwillingness to be re-appointed; and (c) a special resolution has not been passed at that meeting appointing some other auditor or providing expressly that he shall not be re-appointed.
The theory which states that exchange rates between currencies are in equilibrium when their purchasing power is the same in each of the two countries,...
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   A. It is a produced durable output of a man-made process.
   B. It again a...
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