If any doubt or confusion on topic please feel free to write us for proper solution


Written by ravi vyas on . Posted in AN OVERVIEW RELATING TO AUDIT UNDER THE COMPANIES ACT,1956

The Board fixes the remuneration of the First Auditors. Where 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 manner as determined by a general meeting. Where Central Government is approached for appointing the auditor, the Government fixes the remuneration.(This power of the Central Government is delegated to the Regional Director)

The remuneration fixed for an auditor is inclusive of all expenses allowed to him so that he cannot claim any amount additional to the remuneration fixed either as expenses or otherwise.

Trackback from your site.

Leave a comment

CA Online Coaching Classes
More Info

Freedom To Learn From Home

  • Preparation for CA
  • More Then 900 hours of video content
  • More Then 2000 pages of e book useful for Quick revision
  • Preparation from state of art video lectures

Welcome To CA Group India

Login or Signup to meet new friends, find out what's going on, and connect with others on the site.

Sign Up Now

Registering for this site is easy. Just fill in the fields on the registration page and we'll get a new account set up for you in no time.

Forgot Your Password ?

A new password will be e-mailed to you.

Member Login

%d bloggers like this: