The aim and object of the Factories Act, 1948 is to safeguard the interests of workers, prevent their exploitation, and establish the obligations, duties, and responsibilities of a factory owner and manager.

What are the learning objectives of the module on the Factories Act, 1948?

The learning objectives of the module on the Factories Act, 1948 are: 1. To acquire the requisite knowledge of the aim and object of the Act to safeguard the interests of workers, prevent their exploitation, and establish the obligations, duties, and responsibilities of a factory owner and manager. 2. To develop an understanding of the provisions relating to health, safety, welfare, and annual leaves of workers in a factory.

Who appoints the subsequent auditor in a non-government company?

The subsequent auditor in a non-government company is appointed by the Board of Directors at the Annual General Meeting (AGM) within 30 days of incorporation of the company.

What happens if the Comptroller and Auditor General (C & AG) fails to appoint the first auditor in a government company?

If the Comptroller and Auditor General (C & AG) fails to appoint the first auditor in a government company, then the members of the company will be informed and they will appoint the first auditor at an Extraordinary General Meeting (EGM) within 60 days of incorporation.

Who appoints the first auditor in a government company?

The first auditor in a government company is appointed by the Comptroller and Auditor General (C & AG) within 60 days of incorporation of the company.

Test your knowledge on the appointment of auditors in government and non-government companies. Learn about the procedures and timelines for appointing the first auditor and subsequent auditors. Understand the roles of the Board of Directors and the Comptroller and Auditor General (C & AG) in the appointment process.