Appointment of auditor

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SUMIT SINHA

SUMIT SINHA (Querist)
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11 July 2014 can any one tell me the process of appointment of auditor as per companies act 2013.

Sandeep Dharar

Sandeep Dharar (Expert)
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12 July 2014 The process is same as was previous the appointment will b done in Board Meeting. And regarding form ADT-1 is to b filed with ROC.

SUMIT SINHA

SUMIT SINHA (Querist)
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12 July 2014 thanks..
wheather auditor need to inform ROC regarding his acceptance. if yes then which form is to be filed for same

Ankur Garg

Ankur Garg (Expert)
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15 July 2014 As per section 139(1), Auditor appointed at the AGM is to be intimated by the Company to the ROC within 15 days of appointment through filing of form ADT.1.

Form ADT.1 is to be filed through E-form GLN.2. Kindly refer MCA General Circular No. 9/2014 dated April 25, 2014.

Ankur Garg

Ankur Garg (Expert)
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15 July 2014 1. Appointment of first auditor:

As per section 139(6), the first auditor of a company, other than a Government company, shall be appointed by the Board of Directors within thirty days from the date of registration of the company and in the case of failure of the Board to appoint such auditor, it shall inform the members of the company, who shall within ninety days at an extraordinary general meeting appoint such auditor and such auditor shall hold office till the conclusion of the first annual general meeting.

2. Appointment of auditor at the AGM

As per section 139(1), every company shall, at the first annual general meeting, appoint an individual or a firm as an auditor who shall hold office from the conclusion of that meeting till the conclusion of its sixth annual general meeting and thereafter till the conclusion of every sixth meeting and the manner and procedure of selection of auditors by the members of the company at such meeting shall be such as may be prescribed.

Before such appointment is made, the written consent of the auditor to such appointment, and a certificate from him or it that the appointment, if made, shall be in accordance with the conditions as may be prescribed, shall be obtained from the auditor. The certificate shall also indicate whether the auditor satisfies the criteria provided in section 141.

Thanks

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SUMIT SINHA

SUMIT SINHA (Querist)
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17 July 2014 thanks.....Ankur sir.
this is really helpful

Ankur Garg

Ankur Garg (Expert)
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18 July 2014 You are always welcome Sumit. Keep sharing your doubts with us through the platform provided by caclubindia.

Thanks

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