Multiple choice

What is the time limit prescribed under the New Companies Act for appointment of subsequent auditor of a Government company?

  1. Within 180 days from the commencement of financial year

  2. Within 6 months from the commencement of the financial year

  3. Within 180 days from the end of the previous financial year

  4. Within 6 months from the end of the previous financial year

  5. Within 1 year from the end of the previous financial year
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

CAG has to appoint the subsequent auditor of a Govt. Company within 180 days from the commencement of financial year.

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