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Special audit is conducted at the order of the Central Government. Which section gives such powers?
Section 233(A)
Section 233A
Section 242(A)
Section 242A
Let’s break it down:
- Section 233A of the Companies Act, 1956 gives the Central Government power to order a special audit of a company’s accounts if it thinks there are concerns about the company’s business or management.
- There’s no such thing as Section 233(A) with parentheses in the Companies Act, 1956.
- Section 242A—again, with or without parentheses—doesn’t relate to powers to order special audits. It actually deals with totally different issues, mostly about the rights of certain members in specific contexts.
- The powers for a special audit are, very clearly, Section 233A (option 2).
So the right answer is:
Option:2, Section 233A
By: Parvesh Mehta ProfileResourcesReport error
Deepak
chk option carefully and match with discription given
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