Filing of MGT - 14

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Chartered Accountant
230 Points Posted on 13 May 2021

A private limited company has appointed their first auditor through EGM as they were not able to appoint their first auditors in their first general meeting. Company has filed the ADT-1. Need a clarification as to whether MGT-14 has to be filed?

Please guide me. Thanks in advance.

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On 13 May 2021 at 17:57 Report
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Quick Summary
This discussion seeks clarification on whether a private limited company needs to file MGT-14 after appointing their first auditor via an EGM, having already filed ADT-1. While some suggest MGT-14 is only for special resolutions under Section 117, others point out that any resolution requires MGT-14 filing. The consensus leans towards MGT-14 not being required for ordinary resolutions like auditor appointments in private companies, with relevant documents attached to ADT-1 instead.

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372 Points Posted on 13 May 2021
Not sure But yes if Company passed any Resolution then it required to file MGT14
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On 13 May 2021 at 21:15
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Partner
1072 Points Posted on 15 May 2021

first auditor is required to be appointed in board meeting within 30 days of incorporation.

Mgt-14 is not required to be filed by private company for auditor appointment in AGM/egm.

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On 15 May 2021 at 00:12
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Partner
1072 Points Posted on 15 May 2021

first auditor is required to be appointed in board meeting within 30 days of incorporation.

Mgt-14 is not required to be filed by private company for auditor appointment in AGM/egm.

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On 15 May 2021 at 00:12
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7 Points Posted on 15 May 2021
Any action mentioned under Section 117(3) of the New Act, Private Companies still require to file e-form MGT-14 with ROC
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On 15 May 2021 at 23:44
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delhi
720 Points Posted on 17 May 2021
Only adt-1 require to file no need to file adt-1
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On 17 May 2021 at 00:58
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Professional
1979 Points Posted on 31 May 2021
Private Companies are exempted for filing Board Resolution u/s179(3) ,as well certain special resolution, appointment of auditor is an ordinary resolution ,so not required to file MGT-14 , section 117 talks about only special resolutions. but you have to attach CTC of resolution ,consent form and appointment letter in ADT-1 itself.

disclaimer *
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On 31 May 2021 at 07:46

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