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If a casual vacancy in the office of auditor arises by his resignation it should only be filled by the company in a……..
Board meeting
Extraordinary general meeting
General meeting
Annual general meeting
- When an auditor resigns, a casual vacancy arises in the office of auditor.
- As per the Companies Act, 2013, such a vacancy can only be filled by the company in a general meeting, not by the Board alone.
- Let’s look at the options:
- Board meeting: Not permitted, Board cannot fill a vacancy caused by resignation.
- Extraordinary general meeting: An EGM is a type of general meeting, but law says "general meeting", which could be EGM or AGM.
- General meeting: Correct. The company must convene a general meeting (could be EGM or AGM depending on timing) and appoint a new auditor.
- Annual general meeting: Not specifically required; any general meeting suffices.
- So, the correct answer is:
Option 3 – General meeting
By: Parvesh Mehta ProfileResourcesReport error
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