Change in status of auditor firm to partnership read more a
This query is : Resolved
Nikhil Jajoo
(Querist)
21 December 2016
Dear Colleagues, I have a query regarding Auditor appointment, in a company, In an AGM an Auditor who is having proprietorship firm has been appointed, the Auditor Dissolves its Proprietorship firm and enter into Partnership, now the query is whether the Auditors have to file fresh form ADT - 1 for change in auditors firm status or he can sign the Balance sheet without any intimation to ROC, and also Is company required to pass an ordinary/Special resolution for fresh appointment of same auditor in the Company. what is the correct measure in this case?
Note - Registration no and name of old Proprietorship firm was same in new partnership firm.
Note - Registration no and name of old Proprietorship firm was same in new partnership firm.
Amol S Joglekar
(Expert)
22 December 2016
audit is assigned to Individual and not the "trade name (referred to as proproetorship firm by you) Please confirm if the audit under your query is assigned to Individual or Proprietorship firm......
Nikhil Jajoo
(Querist)
22 December 2016
Audit was assigned in name of Firm.............
Amol S Joglekar
(Expert)
22 December 2016
If the terms of partnership permits, he can do so in the name of proprietory firm..... else he has to follow the change of auditor procedure
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