The Appointing authority for Auditors in a company is pursuant to section 139(1) of companies Act, 2013. As per the rule of the Act every company must appoint an individual or a firm as an auditor at the First General meeting of the company and the auditor will hold the company till the conclusion of every sixth general meeting. An Auditor is an individual who is recognised as a Chartered Accountant (CA) to review and verify the accounting books of the company.

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