Companies Act, 1973 (Act No. 61 of 1973)Chapter X: AuditorsAppointment272. Minister may appoint joint auditor |
The Minister may at any time, in the case of a company having a share capital, on the application of one hundred members or of members holding not less than one-twentieth of the issued share capital, and, in the case of a company not having a share capital, on the application of not less than one-tenth of the members, appoint, for such period and at such remuneration (payable by the company) as he may determine, an auditor to act jointly with any other auditor of the company.