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Commerce · Q786

Legal Aspects of Business

Graduate and Post Graduate · Commerce · question 786

Q786

The first auditor in a company limited by shares may be appointed by the directors:

A.
Within a year of its registration
B.
Before the statutory meeting
Answer
C.
At the time of first annual general meeting
D.
Any time in consultation with the Institute of Chartered Accountants of India

Answer: Option B

Solution

Answer: Option B
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