Question

Appointment of First Auditor in case of Government Company shall be made by CAG within:

• A. 15 days of registration
• B. 30 days of registration
• C. 45 days of registration
• D. 60 days of registration

Hint:

Logic Tip: In Government Companies, first auditor appointment authority is CAG, not shareholders.

Answer 1

The Correct Option is D

Step 1:
For Government Companies, the first auditor is appointed by the Comptroller and Auditor General (CAG) of India.

Step 2:
As per Companies Act, 2013: \[ \text{CAG must appoint the first auditor within 60 days of registration} \]

Step 3:
If CAG fails to appoint within 60 days, Board of Directors shall appoint auditor within next 30 days.

Step 4:
Hence, the correct answer is: \[ \boxed{\text{(4) 60 days of registration}} \]