First auditor and form 23b

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Ritesh Khaitan (Querist)
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20 July 2012 I wanted to know that if a company's balance sheet is being finalized for the first time i.e.,PY 2011-12 then is it mandatory to file form 23B even though the first A.G.M. is still to be held????

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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20 July 2012 Form 23B filing is only for those auditors appointed at the annual general meeting. This is as per the inference from sections 224(1) and (1A) of the Companies Act,1956.