Appointment of statutory auditor
This query is : Resolved
30 August 2013
Dear Sir,
A Pvt Ltd Company last held their AGM on Sept 2011. The Audit firm appointed at the last held AGM has resigned 2 days back and has not finalised the accounts for FY 2011-12 and 2012-13.
Now that this company has approached us(A CA Firm) to take up statutory audit.
Also they request us to suggest how to appoint us as Statutory Auditors, Whether in a AGM or just a board meeting is enough, considering the fact that the previous auditors have given a NOC certificate cum Resignation letter.
Kindly Advise.
A Pvt Ltd Company last held their AGM on Sept 2011. The Audit firm appointed at the last held AGM has resigned 2 days back and has not finalised the accounts for FY 2011-12 and 2012-13.
Now that this company has approached us(A CA Firm) to take up statutory audit.
Also they request us to suggest how to appoint us as Statutory Auditors, Whether in a AGM or just a board meeting is enough, considering the fact that the previous auditors have given a NOC certificate cum Resignation letter.
Kindly Advise.
30 August 2013
Hi
You will call a general meeting in 2010-11 after resign of auditor to appoint new auditor for the FY 2011-12.
For the FY 2012-13 you will appoint statutory auditor at AGM who will hold office from the conclusion of AGM hold in 2012 till AGM hold in 2013.
You will call a general meeting in 2010-11 after resign of auditor to appoint new auditor for the FY 2011-12.
For the FY 2012-13 you will appoint statutory auditor at AGM who will hold office from the conclusion of AGM hold in 2012 till AGM hold in 2013.
30 August 2013
Procedure to Appoint of Auditor and file Form 23B (Appointment of Auditor)
1. The Company will call a Board Meeting after resignation of auditor to accept resignation of old auditor, fill a casual vacancy by new auditor and call a general meeting.
2.The company will appoint new statutory auditor at general meeting
3.Send letter of appointment to auditor within seven days from the appointment.
4. The auditor give letter of acceptance as auditor to the company and send a copy of the same to the old auditor of his appointment.
5. The auditor also intimate ROC in Form 23B within 30 days from the date of acceptance of letter of appointment.
6. Form 23B can be download from www.mca.gov.in
7. Letter of appointment will be attached with Form 23b.
8. The SRN no will be generated with fee.
Procedure to Appoint of Auditor and file Form 23B (Appointment of Auditor)
1. The Company will call a Board Meeting after resignation of auditor to accept resignation of old auditor, fill a casual vacancy by new auditor and call a general meeting.
2.The company will appoint new statutory auditor at general meeting
3.Send letter of appointment to auditor within seven days from the appointment.
4. The auditor give letter of acceptance as auditor to the company and send a copy of the same to the old auditor of his appointment.
5. The auditor also intimate ROC in Form 23B within 30 days from the date of acceptance of letter of appointment.
6. Form 23B can be download from www.mca.gov.in
7. Letter of appointment will be attached with Form 23b.
8. The SRN no will be generated with fee.
30 August 2013
Dear Ajay,
Thank you for your valuable input. Can you pls clarify whether the Board meeting / General meeting should be held dated in 2011-12 or on the actual date of Auitors resignation (28.08.2013).
Thanks.
Thank you for your valuable input. Can you pls clarify whether the Board meeting / General meeting should be held dated in 2011-12 or on the actual date of Auitors resignation (28.08.2013).
Thanks.
30 August 2013
If your auditor resign in Oct, 2011 then call a Board meeting for EGM and in that meeting appoint new auditor.
Please note that the date will always will be back dated of every documents.
Please note that the date will always will be back dated of every documents.
30 August 2013
My pleasure........
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