Dear freinds,
For Financial Year 2013-14, When A private Company Should Appoint its Company Auditor,
It is incorporated in December 2013,
Company hasn't appointed anyone as Auditor till now....please suggest....
CA. Animesh Kumar Jain (ACA DISA (ICAI) B.Com) (226 Points)
22 October 2014Dear freinds,
For Financial Year 2013-14, When A private Company Should Appoint its Company Auditor,
It is incorporated in December 2013,
Company hasn't appointed anyone as Auditor till now....please suggest....
P C Agrawal
(Registered independent director Past Chairman of Aurangabad Chapter of ICSI Practicing Company Secretary at Aurangabad)
(8229 Points)
Replied 22 October 2014
Pl refer Sec.224(5) of CA 1956 which clearly provides that first auditor is required to be appointed by the Board within one month of incorporation failing which members may appoint auditor in general meeting.