If a Private Limited company incorporated on January, 2013 and not started their business. Then whether this company is required to appoint Auditor and get their books of Accounts audited??
07 October 2014
In Jan 2013, Companies Act 1956 in force so your first FY would be from Jan 2013 to march 2014.
You should have appointed first auditor within 30 days of incorporation and that first auditor will audit your books of accounts for year ended march 2014.
Appointment of auditor is must even if company has not started business.