Originally posted by Mr Ahmed Bilal
MCQs 2013
3. A special audit of a company can be ordered by a commission on an application made by members holding not less than:
(a) 20% Voting Rights (b) 25% Voting Rights
(c) 51% Voting Rights (d) None of these
the answer should be (a) 20% Voting Rights
According to CO 1984 Section 234A
[234A. Special Audit.-(1)The Commission may on its own motion, or upon an application made by members holding not less that 20% voting rights in a company, order a special audit of the company and appoint an auditor to carry out detailed scrutiny of the affairs of the company.
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