Appointment of auditor
This query is : Resolved
Arpit Jain
(Querist)
08 December 2012
i have got my COP on 7/9/12
there is a company which was incorporated in may 2010 and has not appointed any auditor
can i become the auditor of that company
09784498412
CA Arpit jain
there is a company which was incorporated in may 2010 and has not appointed any auditor
can i become the auditor of that company
09784498412
CA Arpit jain
CA Roshan Jha
(Expert)
09 December 2012
The First auditor should be appointed within 1 months by the board of directors. If the board fails to exercise such power, than the company in general meeting may appoint the auditor.
However the First auditor should be appointed before the first agm, even by the company in general meeting.
The First AGM can be held within 18 months from the date of corporation or within 9 months from the end of first Financial year.
So in your case, you can not be appointed as first auditor. However for subsequent periods it can be done.
However the First auditor should be appointed before the first agm, even by the company in general meeting.
The First AGM can be held within 18 months from the date of corporation or within 9 months from the end of first Financial year.
So in your case, you can not be appointed as first auditor. However for subsequent periods it can be done.
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10 December 2012
Advice of Mr Jha is perfect and to the point.
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Arpit Jain
(Querist)
11 December 2012
thank you
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