IF STATUTARY AUDITOR APPOINTED IN 1ST AGM HELD IN 2013 FOR FY 2013-14 ,WHETHER HE IS LIABLE TO FILE ADT-1 FOR FY 2014-15?
IF STATUTARY AUDITOR APPOINTED IN 1ST AGM HELD IN 2013 FOR FY 2013-14 ,WHETHER HE IS LIABLE TO FILE ADT-1 FOR FY 2014-15?
Statutory Form ADT-1 is only for appointment of the auditor which is ratified year after year for 5 consecutive years.
Ratification cannot be considered as appointment. There is no need to file ADT-1 for ratification. However pass an ordinary resolution.
Yes, he was liable to file Form ADT-1 for FY 2014-15 becasue he was appointed only for 1 year earlier (i.e. for FY 2013-14).
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Kolkata
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