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When should the first auditors be appointed for a newly incorporated entity of the company?

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Varun Varun
Answered on February 13,2020

The first auditors should be appointed by the board within 30 days of incorporation of the company.  In case of failure by the board to appoint auditors, the auditors shall be appointed by the shareholders in general meeting within 90 days from the expiry of the 30 days period.

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