224. Appointment and remuneration of auditors.—
(1) Every company shall, at each annual general meeting, appoint an auditor or auditors to hold office from the conclusion of that meeting until the conclusion of the next annual general meeting and shall, within seven days of the appointment, give intimation thereof to every auditor so appointed
1A) Every auditor appointed under sub-section (1) shall within thirty days of the receipt from the company of the intimation of his appointment, inform the Registrar in writing that he has accepted or refused to accept, the appointment in Form 23 B
(5) The first auditor or auditors of a company shall be appointed by the Board of directors within one month of the date of registration of the company; and the auditor or auditors so appointed shall hold offices until the conclusion of the first annual general meeting
I need help that,
Whether the First auditor appointed by the board U/S 224 (5) needs to be communicated to the ROC by first auditor? if yes in which form?
Whether the board resolution appointinf first auditor needs to be communicated to the ROC by the Company? if yes whether it is to be communicated within any time limit?
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