banner_ad

REAPPOINTMENT OF AUDITOR IN AGM

782 views 6 replies
User Avatar

13 Points Posted on 26 December 2021
can we appoint the new auditor in AGM in the place of retiring auditor or we are suppose to remove the previous auditor? and appoint new auditor.
Reply Share Follow
On 26 December 2021 at 21:44 Report
Replies (6)
User Avatar

4 Points Posted on 26 December 2021
Individual auditor cannot be reappointed as an auditor after a term of 5 years, cooling period has to be followed for 5 years .
audit firm can be appointed for 2 terms of 5 years. after that cooling period for 5 years has to be followed.
Reply
On 26 December 2021 at 23:31
User Avatar

Company Secretary
7085 Points Posted on 27 December 2021
In Case of Individual Auditor they can be appointed for 5 yrs term

In Case of Audit Firm Auditor can be appointed for 2 Consecutive terms of 5 Years means can be appointed for 10 Years..

yes you can appoint a new auditor in Agm as a new statutory auditor by filing Form Adt1
10 Reply
On 27 December 2021 at 01:14
User Avatar

13 Points Posted on 27 December 2021
@ shruthi bansal @ tanuj chandra thanks for the reply,
actually the period of 2 term of 5 years not lapsed,but want to change the auditor in AGM.Does I have any option other than resignation and removal.
Reply
On 27 December 2021 at 09:41
User Avatar

Company Secretary
7085 Points Posted on 27 December 2021

Yes Take a Noc from previous Auditor and Tell him to File Adt3 within 30 days of Resignation

10 Reply
On 27 December 2021 at 10:15
User Avatar

Service
405 Points Posted on 27 December 2021

Its better to take a NOC from the existing auditor and let him file the form ADT-3. Meanwhile you can appoint new auditor.

4 Reply
On 27 December 2021 at 11:51
User Avatar

Company Secretary
7085 Points Posted on 30 December 2021
Yes as soon as you received the noc and existing auditor filed it's adt3 for resignation , file the auditor appointment in form adt1
10 Reply
On 30 December 2021 at 16:15


CCI Pro

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading

Latest Job Openings

View all
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details