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Company Auditor

This query is : Resolved 
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(Querist)
01 September 2008 How the remuneration of first (statutory) auditor decided in case of Government company defined u/s 617?
Can Board of directors fix up the remuneration in consultation with CAG?
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S.Srinivasaraghavan

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S.Srinivasaraghavan (Expert)
03 October 2008 As CAG is the appointing agency, the remuneration will also be fixed by them.
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