The first auditor of a company (other than a Government company) is appointed by:
AThe Board of Directors within 30 days of incorporation
BThe Central Government
CThe Comptroller and Auditor General
DMembers at the first AGM
Answer & Solution
Correct answer: A. The Board of Directors within 30 days of incorporation
1. Section 139(6) — the first auditor of a company (other than a Government company) is appointed by the Board WITHIN 30 days of incorporation.
2. Failing which, members appoint within 90 days at an EGM.
3. Hence (C).
_Source: ICAI BoS CA Inter Paper 2 — Audit and Auditors_