Sir,
Question:- Who shall determine and fix the remuneration u/s 142 of 1st auditor of government company ?
Case 1 :- If the 1st auditor of Government company has been appointed by C&AG u/s 139(7) ?
Case 2: What if C&AG fails, BOD appoints the 1st auditor u/s 139(7) ?
Case 3: What if C&AG and BOD both have failed, members appoint the 1st auditor u/s 139(7) ?
Please reply…..