send mail to support@abhimanu.com mentioning your email id and mobileno registered with us! if details not recieved
Resend Opt after 60 Sec.
By Loging in you agree to Terms of Services and Privacy Policy
Claim your free MCQ
Please specify
Sorry for the inconvenience but we’re performing some maintenance at the moment. Website can be slow during this phase..
Please verify your mobile number
Login not allowed, Please logout from existing browser
Please update your name
Subscribe to Notifications
Stay updated with the latest Current affairs and other important updates regarding video Lectures, Test Schedules, live sessions etc..
Your Free user account at abhipedia has been created.
Remember, success is a journey, not a destination. Stay motivated and keep moving forward!
Refer & Earn
Enquire Now
My Abhipedia Earning
Kindly Login to view your earning
Support
Type your modal answer and submitt for approval
In case the directions fail to appoint first auditor (s), the shareholders shall appoint them at…..by passing a resolution
a general meeting
first annual general meeting
statutory meeting
annual general meeting
- When the Board of Directors fails to appoint the first auditor(s) of a company, the responsibility shifts to the shareholders.
- Shareholders must then appoint the first auditor(s) at a general meeting by passing an ordinary resolution.
- Option 1: a general meeting
This is the correct option. "General meeting" refers to any meeting of shareholders, not limited to annual general meetings.
- Option 2: first annual general meeting
This is incorrect because the first auditor(s) have to be appointed before the first AGM.
- Option 3: statutory meeting
Statutory meetings are only required by some companies and not all; not related to auditor appointment.
- Option 4: annual general meeting
Annual general meeting is not specifically the meeting where first auditors are appointed if the Board fails.
- So, the correct answer is Option 1: a general meeting.
By: Parvesh Mehta ProfileResourcesReport error
abhi garg
In options correct ans is 1 But in explanation and is 2nd
Access to prime resources
New Courses