105. The Company may by resolution of members call for the accounts to be examined by auditors.
106. The first auditors shall be appointed by resolution of directors; subsequent auditors shall be appointed by a resolution of members.
107. The auditors may be members of the Company but no director or other officer shall be eligible to be an auditor of the Company during his or her continuance in office.
108. The remuneration of the auditors of the Company—
(a) in the case of auditors appointed by the directors, may be fixed by resolution of directors;
(b) subject to the foregoing, shall be fixed by resolution of members or in such manner as the Company may by resolution of members determine.
109. The auditors shall examine each profit and loss account and balance sheet required to be served on every member of the Company or laid before a meeting of the members of the Company and shall state in a written report whether or not—
(a) In their opinion the profit and loss account and balance sheet give a true and fair view respectively of the profit and loss for the period covered by the accounts, and of the state of affairs of the Company at the end of that period;
(b) all the information and explanations required by the auditors have been obtained.
110. The report of the auditors shall be annexed to the accounts and shall be read at the meeting of members at which the accounts are laid before the Company or shall be served on the members.
111. Every auditor of the Company shall have a right of access at all times to the books of account and vouchers of the Company, and shall be entitled to require from the officers of the Company such information and explanations as he or she thinks necessary for the performance of the duties of the auditors.
112. The auditors of the Company shall be entitled to receive notice of, and to attend any meetings of members of the Company at which the Company's profit and loss account and balance sheet are to be presented.