14 September 2012
Dear Experts As per the Section 224(1A) the Auditors needs to be appointed within 30 DAYS from the date of incorporation of a company. If we fail to do this WHAT IS PENALTY AND PROCEDURE FOR APPOINTING the Auditor.
15 September 2012
224(1A) is not auditor's appointment, but regarding auditors duty to inform ROC about his/her/ their appointment by filing e-Form 23B.
15 September 2012
Mr B. Chackrapani has rightly said Its Auditor duty to inform. You should check on your part that your Company have informed the Auditor regarding their appointment or not.
For your knowledge would like to share that wherever the Act is silent about penalty follow section 629A.