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Central Government’s power to appoint auditors under sub‑section (3).

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..... he Central Government can exercise the powers under section 224(3). According to the provisions of section 224(1), the auditors are appointed for the period beginning from the conclusion of the annual general meeting (in which they are appointed) till the conclusion of the next annual general meeting. The appointment of auditors is made in terms of this period and for any financial year. The audit .....

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