04-25-2011, 09:57 PM
salam.
guys, i'm having some prob in understanding Sec 2(24) of CO 1984..
it states that
"officer" include any director, chief executive, managing agent, secretary or other executive of the company, howsoever designated, but, save in sections 205, 220 to 224, 260, 261, 268, 351, 352, 412, 417, 418, 474 and 482, does not include an auditor.
my question is, does this statement means that auditor will not be the officer of the company in general but he (auditor) will be officer of the company in the sections mentioned in Sec 2(24).......???
guys, i'm having some prob in understanding Sec 2(24) of CO 1984..
it states that
"officer" include any director, chief executive, managing agent, secretary or other executive of the company, howsoever designated, but, save in sections 205, 220 to 224, 260, 261, 268, 351, 352, 412, 417, 418, 474 and 482, does not include an auditor.
my question is, does this statement means that auditor will not be the officer of the company in general but he (auditor) will be officer of the company in the sections mentioned in Sec 2(24).......???