Whether Comptroller and Auditor General of India CAG can raise the objection against the 1st auditor...........

Companies Act-Phase (I & II) Audit and auditors

Whether Comptroller and Auditor-General of India (CAG) can raise the objection against the 1st auditor appointed by Board of Directors/EGM in case of Government Company?

Yes

Partly Yes

Partly No

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Explanation:

In case of Government Company the first right to appoint the auditor is of CAG. Even if the 1stauditor is appointed by Board of Directors/EGM, the CAG not only have power to object such appointment but also have power to remove such auditor in logical sense.