Query in form 23b

In case of appointment of first auditors of the Company, Form 23B is not required. Form 23B is required for any subsequent appointment or re-appointment. If M/s. ABC, Chartered Accountant, was appointed as first auditors of the Company at the time of incorporation and they have audited the account as on 31st March, 2012 then Form 23B is not mandatory. but you have to file it for the period 1.4.2012 to 31.03.2013.

Other views solicited

Sneha is right

Dear Niresh,

First of all i would like to say that yes your perception is absolutely correct.

Although Section 224 does not requires first Auditor to file form 23B however, every Auditor including first auditor needs to file form 23B for intimating ROC about his acceptance of appointment.

Every company is required to give the intimation of the appointment to the Auditor within 7 days from the date of appointment and such auditor is required to file form 23B within 30 days from the date of such intimation.

Thankyou Very Much!

No 23B for Appointment of First Auditor i.e Appointment within 30 days of Incorporation. Then for appointment at each AGM 23B needs to be filed