Resignation as audtior

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ASHWANI BAJAJ (Querist)
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19 July 2014 We have resigned from the office of auditor of a Pvt Ltd. As per CA 2013 we are required to file ADT -3 with the Company with in 30 days of our resignation. Also we have to file ADT 3 alongwith GNL 2 with ROC. Is there any other liability on our part. Further we r required to give specific reason in our resignation letter. We have resigned due to our remuneration on lower side. Can we mention this reason in our resignation letter .

Ankur Garg

Ankur Garg (Expert)
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19 July 2014 Hi,

Your resignation is regulated by section 140(2). You have to file ADT-3 with the Company within 30 days of your resignation along with E-form GLN.2 with ADT.2 with ROC, as rightly mentioned by you. As per my understanding there is no other liability on your part.

As far as reason is concerned, it is better to write genuine reason and your reason is lower remuneration which seems fine to me. As an Auditor it is your right to receive due fees in recognition to your efforts. However I would suggest you to discuss this within your circle to see that there is no contradictory guideline of ICAI in this regard.

Thanks

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