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.

A 4th Correct Answer Incorrect Answer
B 5th Correct Answer Incorrect Answer
C 6th Correct Answer Incorrect Answer
D 8th Correct Answer Incorrect Answer
E 10th 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

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