Resolution for appointment of auditors in a Govt. company

Aravind Kannan (student) (86 Points)

07 March 2010  

In a government company, the entire share capital is held by a state government? Is such a company required to pass special resolution for appointment of auditors?

The company has not, in its notice of AGM, indicated as a special resolution.  

In fact, the audit is over and approved by the next AGM.

What are the consequential effects?

Urgent please....