Re: auditors appointment for 2014-15

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

30 December 2014 In a case of small company appointing auditors for 2014-15 , shall it write in the AGM Notice - To appoint Auditors and fix their remuneration (as earlier). Is it o.k. or how to draft this clause of appointing auditors.Can you help please ?

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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30 December 2014 “RESOLVED THAT M/s R & K, Chartered Accountant (FRN.......), is appointed as the Statutory Auditor’s of the Company as per section 139 (1) of the Companies Act, 2013 , at a remuneration that may be decided by the Board of Directors in consultation with the said auditors, provided that the appointment shall be from the conclusion of this 10th Annual General Meeting till the conclusion of the 15th
Annual General Meeting and that the appointment shall be subject to ratification by the members at every Annual General Meeting to be held during the said period”.

“RESOLVED FURTHER THAT notice of appointment of auditors shall be filed by the company before the Registrar of Companies, Kerala and Lakshadweep as per rule 4 (2) of the Companies (Audit and Auditors) Rules, 2014 and for that the Managing Director , Mr. ............., is authorized to sign and e-file form ADT-1 by affixing his digital signature”.

“RESOLVED FURTHER THAT a certified copy of this resolution signed by the Managing Director, Mr........ , be provided to the Auditors of the Company”.

Querist : Anonymous

Querist : Anonymous (Querist)

30 December 2014 Thanks, but rotation is not applicable to small companies.Further this time , the appointment should be till the conclusion of 13th Annual General Meeting.Please respond.Thanks again.

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