Asked in dec 12 cl subject of cs executive stage

Dipjyoti Majumdar (CA in service & CS. dipmaj@ rediffmail.com )   (3468 Points)

07 January 2013  

The following objective question was asked in December 12 exam term of CL paper of Executive Programme

'As per section 230, auditor's report should be read at the 1) AGM 2) EGM 3) GM 4) Board Meeting.'

What should be the answer : AGM or GM . Section 230 uses the word GM but as we know, consideration of accounts with audit report, Directors' Report and appointment of auditor are ordinary businesses mandatorily to be transacted only in AGM pursuant to section 173.

Request your considered views.

Thanks,