Which of the following statements is not true:
A
The first auditors of a company must be appointed within one month after the registration of the company
B
If no auditor is appointed at the Annual General Meeting of the company, the Central Government must be so informed within 15 days
C
A corporate body cannot be appointed an auditor of the company
D
The auditor is an agent of shareholders
Correct Answer: If no auditor is appointed at the Annual General Meeting of the company, the Central Government must be so informed within 15 days