First auditor
This query is : Resolved
02 August 2011
Dear Experts,
If the Board fails to appoint the First Auditor within one month of incorporation or in First Board Meeting, then are the Directors of the Company in default?
If the Board fails to appoint the First Auditor within one month of incorporation or in First Board Meeting, then are the Directors of the Company in default?
06 August 2011
hey plz check this https://www.caclubindia.com/experts/appointment-of-first-auditor-7801.asp
06 August 2011
Thank you for your reply.
But what about the Directors. Are they in default?
If you refer Companies Act, there is no where mentioned about the Directors being in default.
But what about the Directors. Are they in default?
If you refer Companies Act, there is no where mentioned about the Directors being in default.
09 August 2011
no they r not in default personally.
simply hold general meeting and appoint first director.
read section 224(5).
simply hold general meeting and appoint first director.
read section 224(5).
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