Resignation of auditor before expiry of his term

This query is : Open

VARSHA AGRAWAL (Querist)
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20 November 2014 Respected members, please solve my querry.
I want to know which class of co. has to file ADT-2 for Central Government approval.

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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20 November 2014 If auditor resigned before the expiry of the appointed term [section 140(2)] form ADT-3 ( not ADT-2) has to be filed with respect to all companies. The auditor has to file this to the company and to the ROC and in case of govt company etc [section 139(5)] to the C&AG as well.

VARSHA AGRAWAL

VARSHA AGRAWAL (Querist)
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20 November 2014 Sir, can u please tell me procedure for taking resignation of xisting auditor and simultaneously appointing new auditor

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Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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20 November 2014 (i) BOD to appoint within 30 days of resignation.

(ii) Members should approve in EGM to be convened with in 3 months on the recommendation of the board.

(iii) Per section 139(8)(i) of 2013 act.

VARSHA AGRAWAL

VARSHA AGRAWAL (Querist)
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20 November 2014 Sir, please tell me about the meetings to be conducted for taking resignation.