Question
Who appoints the auditor for a government company, and
what is the time frame for this appointment?Solution
Companies Act Section 139.Appointment of auditors: (5) Notwithstanding anything contained in sub-section (1), in the case of a Government company or any other company owned or controlled, directly or indirectly, by the Central Government, or by any State Government or Governments, or partly by the Central Government and partly by one or more State Governments, the Comptroller and Auditor-General of India shall, in respect of a financial year, appoint an auditor duly qualified to be appointed as an auditor of companies under this Act, within a period of one hundred and eighty days from the commencement of the financial year, who shall hold office till the conclusion of the annual general meeting.
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In the following question, a sentence is given with a phrase highlighted in bold. Select the option given below that can replace the phrase in bold to ...
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The burden of fixed monthly charges and fuel cost adjustment will be born by state government
The migration of these sugarcane farmers, who cancel their homes in the Marathwada to work in the sugar heartland of western Maharashtra, assures that t...
The burden of fixed monthly charges and fuel cost adjustment will be born by state government
As much as Rs 700 crore has been pump up for the electrification drive.
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There is a long list of terror attacks in who the security establishment failed to carry out a scientific probe
