Should i as for resignation of auditor?

Hello Sirs,

I have a pvt ltd company. Our auditor was appointed from a different nearby city 4 years ago. I've found cheaper, more reliable ca locally. Should I ask my current auditor to resign so that we can appoint local ca. local ca charges 6000/- for audit report, current ca charges 35000/- 

My current auditor said that mca can query why auditor resigned before his term expires next year. Is it safer to just wait out 1 more year for current auditor's term to expire? Can current auditor cause any trouble for me/ my company?

 

thanks

Murthy

Replies (3)
Auditor can resign before expiry of his term. MCA will not raise any query for that.. resigning auditor has toh file ADT-3 for the same.. afterwrds u can appoint new auditor under casual vacancy
Removal of auditor is permissible as per law, you have to hold GM to replace the auditor.

Yes, you can change the auditor. For outgoing auditor ADT-3 has to be filed.

And for the new auditor ADT-1 has to be filed.

 

Best regards,

CA SK Bhat.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 07 October 2026
Article assistant

S.K.Bajpai & Co.

Noida

B.Com

View Details
Company
16 October 2026
CA article trainee

Zerdi & Co. Chartered Accountants

Pune

CA Inter

View Details
Company
12 October 2026
Chartered Accountant - Internal Audit

HKC | Chartered Accountants & Business Advisors

Ludhiana

CA

View Details
Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details
Company
12 October 2026
Finance

I-Genext Consulting Private Limited

New Delhi

CA

View Details
Company
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 28 September 2026
Junior Accountant

J S P M & Associates LLP

Pune

B.Com

View Details
Company
Featured 03 October 2026
Accountant

A P Lodha and Associates

Jalna

B.Com

View Details