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COMPANIES CLAUSES CONSOLIDATION ACT 1845 - SECT 101

Election of auditors.

101. Except where by the special Act auditors shall be directed to be
appointed otherwise than by the company, the company shall, at the first
ordinary meeting after the passing of the special Act, elect the prescribed
number of auditors, and if no number is prescribed two auditors, in like
manner as is provided for the election of directors; and at the first ordinary
meeting of the company in each year thereafter the company shall in like
manner elect an auditor to supply the place of the auditor then retiring from
office, according to the provision herein-after contained; and every auditor
elected as herein-before provided, being neither removed nor disqualified, nor
having resigned, shall continue to be an auditor until another be elected in
his stead.

© 1845 Crown Copyright

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