Audit of company
Querist : Anonymous
A Pvt Ltd Co. is incorporated on 15.03.2014 and there is not a single business transaction till 31.03.2014. Please tell me with ref to companies act that whether there is requirement of Statutory audit for the FY 2013-14 or not?
Last date for holding AGM in your case would be 31.12.2014 as per section 96.
Thanks
Querist : Anonymous
Sir, if we consider the first FY from its incorporation date i.e from 15.03.2014 to 31.03.2015 ( as per sec 210 of Cos Act-1956 which may be for 15 months),in that case could we take statutory audit in 2015 for the period from its incorporation to 31.03.2015?
Thanks
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