Appointment of first auditors for pvt ltd company
This query is : Resolved
Naveen Reddy
(Querist)
21 September 2018
Hi Everyone ,
Pls advise on this.
Is it compulsory to apppoint first auditors for Pvt Ltd Company in first board meeting by Board of Directors (within 30 dasy of incorporation) ? If not so , Can shareholders appoint first auditors ?
Note : DIRECTORS AND SHAREHOLDERS ARE ONE AND THE SAME in above mentioned Pvt Ltd Company ( There are 2 shareholders who are also directors).
Pls advise on this.
Is it compulsory to apppoint first auditors for Pvt Ltd Company in first board meeting by Board of Directors (within 30 dasy of incorporation) ? If not so , Can shareholders appoint first auditors ?
Note : DIRECTORS AND SHAREHOLDERS ARE ONE AND THE SAME in above mentioned Pvt Ltd Company ( There are 2 shareholders who are also directors).
21 September 2018
Not compulsory.
Shareholders can appoint within ninety days in an EGM.
Pl see section 139(6).
Shareholders can appoint within ninety days in an EGM.
Pl see section 139(6).
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