Appointments of First Auditors

C.A Saurabh Jain (CA ) (164 Points)

10 October 2010  

A Company was incorporated on 3-10-2009 and recieved its certificate of commencment of business on 18-10-2009.The Shareholding pattern of the company is as follows:-

State Govt.-20%

Central Govt-20%

IDBI and UTI-15%

Others-45%

How Does the First auditors of the company will be appointed as per 619B or as per normal provisions of section 224?By which date they can be appointed?