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Auditor appointment (adt-1 form)

Others 1103 views 6 replies

is  Company need to File ADT-1every year even though appointment for 5 years  ?

Replies (6)

No a company doesn't need to file ADT-1 every year.

It need to file only when first time an auditor is appointed for a period of 5 year or 10 year.

And also every year, member ratify the appointment not appoint once again.

Further, in form there is option for number of years auditor appointed.

So, in considering above i guess there is no requirement to file every year.

ok thanks for reply

do u have any clarification on the same

 

I asked the same from a CS.

and i guess above reasons are truely justified for not filing every year.

so according to your cs also adt -1 should not be filled every year

yes...!!!

It doesn't need to file every year.

Originally posted by : Shubham Bansal
No a company doesn't need to file ADT-1 every year.

It need to file only when first time an auditor is appointed for a period of 5 year or 10 year.

And also every year, member ratify the appointment not appoint once again.

Further, in form there is option for number of years auditor appointed.

So, in considering above i guess there is no requirement to file every year.

 

Even to those companies to which Rotation of Auditors is not applicable?


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