First auditor & commencement of business
Pushpraj (student) (148 Points)
18 June 2021
Goutam Hebbar
(Articled Assistant)
(53 Points)
Replied 19 June 2021
I think you can appoint the first auditor prior to getting the commencement of business certificate but you must also know that you should intimate the RoC about the appointment of auditor within 15 days from such appointment in Form ADT-1. So it means logically you can't appointment the first auditor not prior than 15 days from the incorporation(but filing of ADT-1 is optional for appointment of first auditor)
CA. Heet Shah
(Tax Consultant & Practitioner)
(5032 Points)
Replied 19 June 2021
Yes first auditor can be appointed before commencment of business
Chirag
(Professional)
(1878 Points)
Replied 22 June 2021
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