Save BIG on 2-Yr Ad-Free CAclubindia Pro Membership. Subscribe Now!

Recruitment of goverment auditor.

Save Share

This query is : Resolved

Bharat Chaudhari (Querist)
Follow

21 July 2015 who recruite company auditor in Goverment company ?? Share holder of these company or Bord of Directors of the company or Centeral Goverment. pls give me your valuable rply. Thanks

Ankur Garg

Ankur Garg (Expert)
Follow

21 July 2015 Comptroller and Auditor-General of India is authorised to appoint Auditor for Government companies.

Kindly refer section 139(5) of companies act, 2013 as mentioned below:

In the case of a Government company or any other company owned or controlled, directly or indirectly, by the Central Government, or by any State Government or Governments, or partly by the Central Government and partly by one or more State Governments, the Comptroller and Auditor-General of India shall, in respect of a financial year, appoint an auditor duly qualified to be appointed as an auditor of companies under this Act, within a period of one hundred and eighty days from the commencement of the financial year, who shall hold office till the conclusion of the annual general meeting.

Thanks

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now