COMPANY ROC

Yes, as per Section 224(1A), it is mandatory to all Statutory Auditors to intimate to Concerned ROC regarding his appointment, i must say here language of the section is clear not only in case of appointment but if auditor is refusing to accept the appointment even though he should intimate to ROC about his receipt of appointment letter and his refusal too. Refer Section 224(1A). But on the other side the practice shows that it is not mandatory because till date no authority is following only in Form 23AC we are required to put SRN of F-23B but there is one wayout.

  WE CAN PUT Z999999... AS A SRN OF FORM NO 23B IN FORM NO.  23AC.

Dear Friend

 

Form-23B is required to be filed with ROC by statutory auditor on acceptance of appointment letter from the company. At every AGM if the same auditor is appointed it always called a fresh appointment and the company must comply the provision of section 224 of the Companies Act, 1956.  

 

Regards

Ajay Mishra

 

Yes u have to file Form 23B with ROC 

As per Sec 224 (1A) every auditor appointed under sub-section (1), shall within thirty days of the receipt from the company of the intimation of his appointment, inform the Registrar in writing  (ie in FORM 23B) that he has accepted or refused to accept, the appointment.

Form 23B is filed within 30 days of receipt of  intimation by auditor

As it is not mandatory but in general practice and according to law, form 23b should be filed by Statutory Auditor.

 

Regards,

 

 

Is it mandatory to file the intimation to the ROC of re-appointment of the company auditor at the subsequent annual general meeting of the company in eForm 23B u/s 224(1A) of the Act.

Friend's & Member's views are highly welcomed.

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Originally posted by : Payal
	As it is not mandatory but in general practice... Regards,

 

It is actually mandatory dear Payal. Thanks

Okkk Ankur Sir.

Thanks for correcting me....

YES IT IS MANDATORY AND WE HAVE TO FILE FORM NO 23B WITH ROC

Dear Friends

 

Please let me guide how to proceed with ROC for get the copy of Annual Return & Balance sheets of

A Company for last three Years

 

Mohan Gupta

Dear Readers

 

This is a question about accounting as per indian Accounting Standard for the treatment of Forex Loss

mostly 99 percent in the structure derivatives contract with the Banks ( speculative out of proportion of company actual exposure in the export/import upto such a position taken magnitute , actual exposure  is only 1-2 per cent ,done in last three three years in a limite non listed company

because the auditors of the company & management has put it in as swap cost ( swap cost is actually a case of roll over on a derivative contract outstanding but when the contract has already been squared off , will it be a swap cost) and it is agreed to put in as cost of production in trading account of the company & what will be its Income Tax aspects as it a substantial loss being booked in P & L a/c in a year

please advise your views

Mohan Gupta