Q3 (A) Who can fix the remuneration of auditors under the companies act? (B) Write note on Prohibition of drawl of foreign exchange.Q4 (A) Can a company increase its maximum number of directors in its board?
2.2K Views|Posted 2010-09-19 22:58:07
Asked by Ritesh Rawal
2 Answers

Answered by
2010-09-20 13:59:14
Hi,
A) The first auditors of the Company are appointed by the Board of Directors and the Board only fixes the remuneration of the First Auditors. However, the auditor is appointed or re-appointed by the general meeting, the remuneration is fixed by the general meeting, or it may be fixed in any man

Answered by
2010-09-19 22:59:59
Hi Ritesh.
I prefer you read the book Company Law book which has up to date knowledge in this reference and also help you easily.
Regards.
Manish
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