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Acceptance of audit of pvt. ltd.

Statutory Audit 591 views 3 replies

Dear Friends

 

Wish to ask you a query

A pvt. ltd., after 10 months of its incorporation appoints an auditor for Statutory Audit. Whether the same should be accepted by the Chartered? If yes, then what all formalities are required to be done, since the company has completed no legal or documentary formalities, by the Chartered? 

 

 

Regards

 

Khushboo Garg

Replies (3)

Dear Khushboo,

 

I don’t think there should be a problem…in accepting the same.

 

Though Co Act says that the appointment should be appointed in one month of the incorporation, if this is not done so, the appointment should be made by passing a resolution in a General Meeting

 

So if the appointment is made at a GM, then you can accept the same..absolutely no problem

you are welcome Khushboo...

hope it was clear...

 

Yes Yes...it was clear...!!!

Thanks..


CCI Pro

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