KartavyaDesk

Can a government company appoint its own statutory auditor?

Audit RulesREG_AUDITRegulation 57

No. Unlike private companies where shareholders appoint auditors, for government companies the appointment is made exclusively by the CAG under Section 139(5) of the Companies Act, 2013. The company has no say in the selection.

Source: REG_AUDIT Regulation 57

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This answer is for informational purposes only and does not constitute legal advice. Always refer to the original rules and consult competent authorities for official interpretation.