ADT-1
This query is : Resolved
13 December 2019
It is mandatory for company to appoint auditor within 30 days of incorporation.
But There is a general thought that Form ADT 1 is not required to be filed for the appointment of the first auditor. This is because rule 4 (2) of company rules, 2014 mentions only about Sec 139 (1 )- appointment of auditors and not about Sec 139 (6) – appointment of the first auditor.
Now whether it is possible for company to file ADT-1 (For appointment of first auditor) after 30 days without any late fees and penalty?
But There is a general thought that Form ADT 1 is not required to be filed for the appointment of the first auditor. This is because rule 4 (2) of company rules, 2014 mentions only about Sec 139 (1 )- appointment of auditors and not about Sec 139 (6) – appointment of the first auditor.
Now whether it is possible for company to file ADT-1 (For appointment of first auditor) after 30 days without any late fees and penalty?
18 January 2020
ADT-1 is not required for first Auditors.
First Auditors will hold office till the conclusion of first AGM.
First Auditors will hold office till the conclusion of first AGM.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- STCG....................................................
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- TAN for Partnership
- Sales return eway bill
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- STCG FOR GOLD ETFs
- Specified Profession
- Suggestions required for income tax filing-software (FY 2025-26)
- GST ON DAMAGED GOODS
- CA IPCC Registeration in 2012, Is my registration Active or Expired
- Free lancer income
- Long Term Service award taxability in hands of company
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
