Appointment of first auditor and e-filing of form adt 1

Studentsca (CA Practice ) (3562 Points)

22 December 2016  
A private ltd. company was incorporated in May 2015 however no appointment was made as first auditor by the BoD within 30 days or in the EoGM within 90 days. Can the company appoint the first auditor now in December 2016 for the period May 2015-March 2016? If yes what are the consequences for the delay?