Appointment of auditor including all roc proceedins act.2013
This query is : Resolved
08 December 2014
What are the legal procedure of appointing Auditor under Companies Act 2013 for Private Limited Companies including all related forms and time limit for each form submission .
THANKS
SHAMEEM
THANKS
SHAMEEM
CS Mitesh Mehta
(Expert)
08 December 2014
Procedure- APPOINTMENT OF FIRST AUDITOR
1. Intimate the proposed auditor(s) regarding the intention of appointing him/it as auditor and ask whether he/ it is eligible and not disqualified to be appointed as auditor of the company.
2. Obtain consent & certificate from auditor.
3. If audit committee required to be constituted under section 177, then obtain its recommendation (Section 139(11)).
4. Call Board meeting.
5. Approve the appointment of auditor at the first Board Meeting.
6. Intimate the auditor and file with ROC form ADT-1 within 15 days.
Procedure- SUBSEQUENT APPOINTMENT
1. Intimate the proposed auditor(s) regarding the intention of appointing him/it as auditor and ask for the following information and documents:-
• Qualification, experience and matters of professional conduct pending before ICAI, Court or any other competent authority.
• Consent to become auditor.
• Certificate (contents discussed above)
2. Call Board meeting for the purpose of following:-
• Considering information and documents received in point 1.
• Considering that the qualification & experience are commensurate with the size & operations of the company.
• Recommending the name of the auditor to the members.
• Calling of AGM.
3. Convene the AGM and get the Ordinary resolution appointing the auditor passed at the meeting.
4. Intimate the Auditor and file with ROC form ADT-1 within 15 days.
1. Intimate the proposed auditor(s) regarding the intention of appointing him/it as auditor and ask whether he/ it is eligible and not disqualified to be appointed as auditor of the company.
2. Obtain consent & certificate from auditor.
3. If audit committee required to be constituted under section 177, then obtain its recommendation (Section 139(11)).
4. Call Board meeting.
5. Approve the appointment of auditor at the first Board Meeting.
6. Intimate the auditor and file with ROC form ADT-1 within 15 days.
Procedure- SUBSEQUENT APPOINTMENT
1. Intimate the proposed auditor(s) regarding the intention of appointing him/it as auditor and ask for the following information and documents:-
• Qualification, experience and matters of professional conduct pending before ICAI, Court or any other competent authority.
• Consent to become auditor.
• Certificate (contents discussed above)
2. Call Board meeting for the purpose of following:-
• Considering information and documents received in point 1.
• Considering that the qualification & experience are commensurate with the size & operations of the company.
• Recommending the name of the auditor to the members.
• Calling of AGM.
3. Convene the AGM and get the Ordinary resolution appointing the auditor passed at the meeting.
4. Intimate the Auditor and file with ROC form ADT-1 within 15 days.
Message likes :
2 times
04 May 2015
Form ADT-1 is filed under section 139(1) of Companies Act 2013 for the appointment of subsequent Auditor of the company.
Is there any requirement of filing ADT-1 under section 139(6) 0f Companies Act 2013 for appointment of FIRST AUDITOR of the company?
Is there any requirement of filing ADT-1 under section 139(6) 0f Companies Act 2013 for appointment of FIRST AUDITOR of the company?
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