SECTION 722

The auditor has be called to the meeting of the board of directors or the general director, as the case may be, that adopts the accounts of the fiscal year, as well as to any other meeting of the board or the general director relevant to his duties. The notice of meetingshall be sent, at the latest, at the time the members of the board of directors are called or, when the company is headed by a general director, three (3) days at least before the P. 194 of 267 proceedings by hand-delivered letter against a receipt or by registered mail with request for acknowledgement of receipt. Failing to call the auditor the auditor, the meeting may be cancelled. However, the action forinvalidity isnot admissible when the auditor was present.