DATE OF APPOINTMENT

This query is : Resolved

amar preet singh (Querist)
Follow

01 December 2010 MY PVT. LTD. COMPANY IS INCORPORATED ON 16-08-2009. I WANT TO APPOINT AN AUDITOR. ON WHAT TIME I CAN APPOINT THE AUDITOR. IS THERE ANY NEED TO PASS THE RESOLUTION. WE ARE TWO DIRECTOR AND THERE IS NO ANY SHAREHOLDER

Ajay Mishra

Ajay Mishra (Expert)
Follow

01 December 2010

Hi

You appoint first auditor within one month from the date of incorporation in Board Meeting. The date of Board Meeting will taken in to account for appointment of first auditor.

No need to go shareholder approval for first auditor.

Best Regards

Ankur Garg

Ankur Garg (Expert)
Follow

01 December 2010 Appointment of First Auditors

“RESOLVED THAT pursuant to the provision of section 224 of the Companies Act, 1956, M/s A Jain & Associates, Chartered Accountants of Meerut from whom certificate pursuant to section 224(1B) of the Companies Act has been received, be and are hereby appointed as the first auditors of the company to hold office until the conclusion of the first annual general meeting of the company at a remuneration to be determined by the Board of directors of the company.

RESOLVED FURTHER that Mr. X, Director of the company be and is hereby directed to give intimation of this appointment to the Auditors so appointed.”

CA Sanat Pyne

CA Sanat Pyne (Expert)
Follow

01 December 2010 The first auditor or auditors of a company shall be appointed by the Board of directors within one month of the date of registration of the company; and the auditor or auditors so appointed shall hold offices until the conclusion of the first annual general meeting.

BOARD RESOLUTION FOR THAT

CERTIFIED TRUE COPY OF THE RESOLUTION PASSED AT THE MEETING OF THE BOARD OF DIRECTORS OF (NAME OF THE COMPANY) HELD AT THE REGISTERED OFFICE OF THE COMPANY AT (ADDRESS) ON (DATE) AT (TIME)

--------------------------------------------------------------------------------

The Chairman informed the Board that pursuant to Section 224(5) of the Companies Act, 1956, the company is required to appoint Statutory Auditors of the Company. He proposed that [Name of the Auditors], Chartered Accountants, having its office at [Address of the office of auditors] may be appointed as first Auditors of the company. The Company has received a consent letter from [Name of the Auditors], Chartered Accountants, to act as Statutory Auditors of the Company and a certificate to the effect that their appointment as an Statutory Auditors, if made would be in accordance with the limit specified in Section 224(IB) of the Companies Act, 1956.

The Board noted the same and after discussion, passed the following resolution unanimously:

“RESOLVED THAT pursuant to section 224(5) of the Companies Act, 1956 [Name of the Auditors], Chartered Accountants, having its office at [Address of the office of auditors] be and are hereby appointed as first auditors of the company to hold the office until the conclusion of the first Annual General Meeting".

“RESOLVED FURTHER THAT [Name of the person(s) authorized] be and is hereby authorized to intimate the Auditors of their Appointment.”

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

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

JACOB ABRAHAM KURIALANICKAL

nitin

Manoj Sharma

T.N.Reddy

sathish kumar k

Subscribe Now

DATE OF APPOINTMENT

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

CA Final

Senior execiutive

Manager- Finance and Compliance

Article Assistant

Accountant

GST CONSULTANT

GST CONSULTANCY