alleryStart learning →If the Board fails to appoint the first auditor, members must do so within what time?
A15 days at the AGM
B30 days by circulation
C60 days by postal ballot
D90 days at an EGM
Answer & Solution
Correct answer: D. 90 days at an EGM
On the Board's failure, the members appoint the first auditor at an extraordinary general meeting within 90 days.
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