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Appointment of 1st Auditor

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19 April 2010 1)Is filing Form 23B is optional or mandatory for appointment of 1st auditor after its incorporation ?
2)since there is no penalty for late filing of F23B and Form 23AC can also be filed by entering srn no of F23B as Z99999999, now the query, is it mandatory to file F23B in every AGM even there is no change in auditor but reappointment of the old one.

19 April 2010 Form 23B need not filed by the first auditor.

For other years other than first year Form 23B is compulsory. If the auditor is not filing form 23B then Roc may levy penalty.

20 April 2010 I agree with Mr Srinivasulu





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