medium10 pts · first answer countsaudit-reportingcompanies-act

Filling a vacancy after the auditor resigns

The statutory auditor of a private company resigns mid-term. How is the casual vacancy filled?

A.The board appoints within 30 days, approved by members within 3 monthsB.The managing director appoints a replacement the same dayC.The vacancy stays open until the next five-year cycleD.The ROC appoints a new auditor from its panel

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Filling a vacancy after the auditor resigns

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