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Appointing auditor

santosh (Designer) (31 Points)

15 March 2018

Hi All., I incorporated my company on 6th of march 18, I am planning to start my company activities after 5 months because of financial issue and there will not be any transaction happens till five months. so is it necessary to appoint auditor within 90 days what happens if i dont appoint him for 6 months Thanks

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6 Replies

Rahul Prasad (CA Student) (1683 Points)
Replied 15 March 2018

Sir ,
as per companies act. 2013 the first auditor should be appointed by the board within 30 days of registration of company .

if board fails to appoint within 30 days the board shall inform the members of the company who shall appoint the first auditor within 90 days at an EGM.

so as in your case it is immeterial to not to appoint just because financial difficulty.

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santosh (Designer) (31 Points)
Replied 19 March 2018

Hi thanks For the reply..

If i dont have any transanction in the company for 6 months., is it neccessary to file GST returns on this month end?

Shubham kumar Vishwakarma (Article) (44 Points)
Replied 20 March 2018

Whether you have made any sale or purchase transactions in the company, you have to file GST returns.

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NAVEEN ADLA (7 Points)
Replied 21 March 2018

Thank You Very Much

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tripti (ca article) (209 Points)
Replied 22 March 2018

Originally posted by : santosh
	Hi thanks For the reply.. If i dont have any transanction in the company for 6 months., is it neccessary to file GST returns on this month end?

YES. YOU HAVE TO FILE NIL GST RETURN

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santosh (Designer) (31 Points)
Replied 09 May 2018

Originally posted by : tripti
	Thank You.. Originally posted by : santosh Hi thanks For the reply.. If i dont have any transanction in the company for 6 months., is it neccessary to file GST returns on this month end? YES. YOU HAVE TO FILE NIL GST RETURN