Appointment of Auditor for Pvt Ltd Company


This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
06 September 2010 Pls tell is it mandatory for every pvt ltd company to appoint a statutory audit and what is the cretirion for appointment of a auditor.

Pls suggest

Ajay Mishra (Expert)
06 September 2010 Dear Friend

Section 224 of the Companies Act, 1956 is applicable to all company, whether it is private company or public company.

Regards

Ankur Garg (Expert)
06 September 2010 Appointment of statutory auditor is must for every company.

Qualification for being appointed as statutory auditor:

Person must be a member of ICAI...In other words he should be a Chartered Accountant with membership of ICAI.

Kindly refer section 224 and 226.

Regards

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
06 September 2010 sir pls guide in what cases appointment of auditor is not applicable to a company.

Also if tax audit is not applicable to the company then also will it require to appoint a auditor

Ankur Garg (Expert)
06 September 2010 Dear Friend there is no escape route. You have to appoint an auditor to avoid violation of section 224.

Regards


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
07 October 2026
Senior Account Manager

Amplio Invest

Mumbai

M.Com

View Details
Company
Featured 03 October 2026
Accountant

A P Lodha and Associates

Jalna

B.Com

View Details
Company
ARTICLESHIP 08 October 2026
ARTICLE TRAINEE

S.B.G. & CO. CHARTERED ACCOUNTANTS

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 07 October 2026
Article assistant

S.K.Bajpai & Co.

Noida

B.Com

View Details
Company
05 October 2026
Senior Accountant

Vision IT Peripherals Pvt Ltd

Mumbai

B.Com

View Details
Company
ARTICLESHIP 16 September 2026
Article Assistant

MANUJ SHARMA AND COMPANY

Noida

CA Inter

View Details
Company
20 September 2026
Semi Qualified CA

Navin & Associates

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 18 September 2026
Industrial Trainee

Twenty Point Nine Five Ventures Private Limited

Noida

CA Inter

View Details