Explanation:

- Option 1: The BOD of the company

- The Board of Directors oversees the overall governance of the company. However, they do not directly receive the statutory audit report in the context of a government company.

- Option 2: The C & AG

- The Comptroller and Auditor General of India (C & AG) appoints and receives audit reports from statutory auditors for government companies. The C & AG is integral in ensuring public sector accountability.

- Option 3: The legislature

- While the legislature has a role in reviewing audit outcomes and findings, it does not directly receive audit reports from the statutory auditors.

- Option 4: The company secretary

- The company secretary manages compliance and governance but is not the recipient of audit reports.