alleryStart learning →Who can direct a company to change its auditor on proof of fraud?
AThe Company Law Tribunal
BThe market regulator, SEBI
CThe Registrar of Companies
DThe company's own Board
Answer & Solution
Correct answer: A. The Company Law Tribunal
Section 140(5) vests this power in the Tribunal, acting suo motu or on application of the Central Government or a person concerned.
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