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| Q. |
Which of the following statement is not true regarding appointment of statutory auditor by the Central Government? |
| A. | Such powers have been conferred upon it by section 224(3) |
| B. | If a company fails to appoint an auditor at a general meeting |
| C. | If an auditor refuses to accept appointment, the powers of the Central |
| D. | None of the above |
| Answer» B. If a company fails to appoint an auditor at a general meeting | |
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alone pagal
6 months ago
The correct answer is *D. None of the above*.
Appointment of Statutory Auditor by Central Government
The Central Government can appoint a statutory auditor in certain circumstances, including:
1. *Section 224(3)*: This section of the Companies Act confers powers on the Central Government to appoint auditors in specific situations.
2. *Failure to appoint at a general meeting*: If a company fails to appoint an auditor at a general meeting, the Central Government can step in.
3. *Auditor's refusal*: If an auditor refuses to accept appointment, the Central Government can appoint another auditor.
All the options A, B, and C are true regarding the appointment of statutory auditors by the Central Government. Therefore, the correct answer is *D. None of the above*.
Appointment of Statutory Auditor by Central Government
The Central Government can appoint a statutory auditor in certain circumstances, including:
1. *Section 224(3)*: This section of the Companies Act confers powers on the Central Government to appoint auditors in specific situations.
2. *Failure to appoint at a general meeting*: If a company fails to appoint an auditor at a general meeting, the Central Government can step in.
3. *Auditor's refusal*: If an auditor refuses to accept appointment, the Central Government can appoint another auditor.
All the options A, B, and C are true regarding the appointment of statutory auditors by the Central Government. Therefore, the correct answer is *D. None of the above*.
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