- 3 Marks
BL – May 2013 – L1 – SB – Q5C – Company Law
Discuss what happens if no auditors are appointed at the AGM.
Question
Chief Ogongo, the Chairman of the recently incorporated Fortune Finance Limited,
has requested your advice on the appointment of auditors of the company,
particularly on the following issues:
What happens if, at an Annual General Meeting, no auditors were appointed or re-appointed?
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