This discussion clarifies the annual filing requirements for ADT-1 for private limited companies. While auditor ratification is typically done at the AGM each year, the ADT-1 form itself only needs to be filed when auditors are first appointed by the Board of Directors, or for subsequent appointments covering a five-year term. You don't need to file ADT-1 every single year, only when a new appointment or reappointment requiring the form occurs.
03 February 2022
Can a private limited company have to file ADT-1 every year, even for ratification also?? If I file ADT-1 last year then can I have to file this year also ??
04 February 2022
Now, ADT-1 for the first appointment of auditors done by BOD need to be filed for a period till the first AGM. For other than the above, appointment and filing of ADT-1 is for a period of 5Years. Every year ratification is done away w. e. f 07-05-2018.
13 February 2022
Sir u mean to say we have to do ratification every year in AGM but have to file ADT-1 in year-1 out of 5 years. If I filed ADT-1 last year then I have no need to file ADT-1 this year??