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Under companies act 2013


10 September 2014 My all queries relating to a company having a share cap of Rs.10 lakhs(Authorised) & Turnover of Rs.1.5 Crore.
1) If a auditor was a auditor of a company for the last 7 years, still can he continue with co. as the auditor.
2) if yes, then whether his appointment in this AGM be for a term of 5 years, as the rotation of auditor is not applicable to this co.
3)In both these cases, which form has to be filed by the co. with the roc.

11 September 2014 1. yes

2. yes

3. Company has to file Form GNL-2 with ADT-1, Consent & Eligibility letter & certified true copy of ordinary resolution as attachment

11 September 2014 3. Attachment to GNL-2 :-
a) ADT-1,
b) Certified copy of resolution and
c) Copy of "auditor's acceptance letter".


11 September 2014 Dear experts,
Thank you for the timely reply. but my question relating to the term of 5 yrs appointment, is it reqd for pvt. co. as rotation of auditor is not applicable to this co.


11 September 2014 Dear Experts
one more query I have got is, as I was under the impression that term of 5 yrs is not applicable to small pvt. ltd. co. while in the notice of AGM, I have put an item of agenda as appointment of auditor for the year 2015-16. In that case whether at the AGM, appointment of auditor for 5 yrs term can be made or not. if yes how the resolution to be passed and be worded.
wr

11 September 2014 Dear Experts
you said copy of resolution to be attached to the GNL-2, which means the resolution passed at the AGM, Here I wanted to know, whether only the true copy of extract of resolution of appointment of auditor is to be typed in word file and converted in pdf file attached or is it all the resolutions passed in the AGM in which one item is appointment of auditor to be in the word file converted to pdf & attached to this form. Kindly clarify.



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