As per Companies Act 2013, it is mandatory to attend the Annual General Meeting but it has certain exemptions.
Section 146 of the Companies Act 2013
“Auditors to attend general meeting
All notices of, and other communications relating to, any general meeting shall be forwarded to the auditor of the company, and the auditor shall, unless otherwise exempted by the company, attend either by himself or through his authorised representative, who shall also be qualified to be an auditor, any general meeting and shall have right to be heard at such meeting on any part of the business which concerns him as the auditor.”
Analysis of the above Provision :-
Section 146 of Companies Act, 2013 provides for the exemption to Auditor to attend the General Meeting. However, the company may provide for the exemption to the Auditor of Company to attend General Meeting of Company on the request of Auditor. The Auditor may request the Company, as & when he receives the Notice of General meeting, for granting exemption to attend General Meeting and Company may, on being satisfied, grant exemption to attend the same.