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The first auditor of a Government company, shall be appointed by the Comptroller and Auditor-General of India (CAG) within 60 days from the date of registration of the company. If the CAG fails to appoint the same, then the auditor shall be appointed by Board of Directors of the company within …….. Days.
Sec 139 (7) If the C&AG of India fail to appoint the auditor within such time period then BOD will appoint the first auditor with next 30 days.
By: Srishti Gupta ProfileResourcesReport error
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