Appointment of auditor
This query is : Resolved
11 July 2014
can any one tell me the process of appointment of auditor as per companies act 2013.
12 July 2014
The process is same as was previous the appointment will b done in Board Meeting. And regarding form ADT-1 is to b filed with ROC.
12 July 2014
thanks..
wheather auditor need to inform ROC regarding his acceptance. if yes then which form is to be filed for same
wheather auditor need to inform ROC regarding his acceptance. if yes then which form is to be filed for same
15 July 2014
As per section 139(1), Auditor appointed at the AGM is to be intimated by the Company to the ROC within 15 days of appointment through filing of form ADT.1.
Form ADT.1 is to be filed through E-form GLN.2. Kindly refer MCA General Circular No. 9/2014 dated April 25, 2014.
Form ADT.1 is to be filed through E-form GLN.2. Kindly refer MCA General Circular No. 9/2014 dated April 25, 2014.
15 July 2014
1. Appointment of first auditor:
As per section 139(6), the first auditor of a company, other than a Government company, shall be appointed by the Board of Directors within thirty days from the date of registration of the company and in the case of failure of the Board to appoint such auditor, it shall inform the members of the company, who shall within ninety days at an extraordinary general meeting appoint such auditor and such auditor shall hold office till the conclusion of the first annual general meeting.
2. Appointment of auditor at the AGM
As per section 139(1), every company shall, at the first annual general meeting, appoint an individual or a firm as an auditor who shall hold office from the conclusion of that meeting till the conclusion of its sixth annual general meeting and thereafter till the conclusion of every sixth meeting and the manner and procedure of selection of auditors by the members of the company at such meeting shall be such as may be prescribed.
Before such appointment is made, the written consent of the auditor to such appointment, and a certificate from him or it that the appointment, if made, shall be in accordance with the conditions as may be prescribed, shall be obtained from the auditor. The certificate shall also indicate whether the auditor satisfies the criteria provided in section 141.
Thanks
As per section 139(6), the first auditor of a company, other than a Government company, shall be appointed by the Board of Directors within thirty days from the date of registration of the company and in the case of failure of the Board to appoint such auditor, it shall inform the members of the company, who shall within ninety days at an extraordinary general meeting appoint such auditor and such auditor shall hold office till the conclusion of the first annual general meeting.
2. Appointment of auditor at the AGM
As per section 139(1), every company shall, at the first annual general meeting, appoint an individual or a firm as an auditor who shall hold office from the conclusion of that meeting till the conclusion of its sixth annual general meeting and thereafter till the conclusion of every sixth meeting and the manner and procedure of selection of auditors by the members of the company at such meeting shall be such as may be prescribed.
Before such appointment is made, the written consent of the auditor to such appointment, and a certificate from him or it that the appointment, if made, shall be in accordance with the conditions as may be prescribed, shall be obtained from the auditor. The certificate shall also indicate whether the auditor satisfies the criteria provided in section 141.
Thanks
Message likes :
1 times
17 July 2014
thanks.....Ankur sir.
this is really helpful
this is really helpful
18 July 2014
You are always welcome Sumit. Keep sharing your doubts with us through the platform provided by caclubindia.
Thanks
Thanks
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- ITR filing obligation due to savings deposit
- ITC availability for BOLERO-HILUX (HIGH AT, M1G) HLXX0
- Issue with no residency during Jan, Feb, March 2025 due to diff. between US and India tax years.
- WHAT TO SELECT IN 27Q TDS RETURN ? PAYMENT TO NON-RESIDENT
- NRI as second account holder of resident account
- To Keep Records
- What is meaning of accrued interest
- Applicability of Ind AS on wholly owned subsidiary company (incorporated overseas)
- Write off a Party Balance
- Taxability of Capital gain - cancellation of agreement
- Form inc-24
- REGARDING EPR OBLIGATION CHARGES
- Are part of Annual turnover for Audit purpose of 9 and 9C
- Are reflected in 2B in GST portal
- How to make any party sales or purchase recociliation
- E invoice mandatory for taxable value in a year 15 lakhs where as aggregate turnover is 6 crores
- TDS deduction.
- Leave taken during Extension period of Articleship
- Regarding TDS deduction before 15CA filing
- Reversal of Interest provision in case of MSME buyer
Trending Online Classes
-
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Industry Expert14 February 2025 -
Survey, Search and Seizure under Income Tax Act 1961
CA Hari Agarwal
CAclubindia
