Question
Under the Companies Act, 2013, the first auditor of a
company is appointed by:Solution
According to Section 139(6) of the Companies Act, 2013, the Board of Directors of a newly incorporated company shall appoint the first auditor within 30 days of its incorporation. If the Board fails to do so, the members shall appoint the auditor within the next 90 days at an Extraordinary General Meeting (EGM).
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