Auditors appointment

Page no : 2

Vandana J Doshi (Practising Company Secretary) (12562 Points)
Replied 09 September 2014

Hi roopesh, is the GNL 2 to be filed for auditor appointment...if yes, then it is to be filed within 15 days of the AGM in which the auditor is reappointed.....

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Roopesh Gangisetty (Article trainee) (176 Points)
Replied 10 September 2014

Thank you Vandhana J Doshi,

Can you tell me the relevant provisions, since at general we are uploading after 30 days

Vandana J Doshi (Practising Company Secretary) (12562 Points)
Replied 11 September 2014

Hi, Pls refer sec 139 (1), 4th proviso.

Nagaraj Shetty (Practicing CS) (21 Points)
Replied 09 October 2014

MGT-14 not required for ADT-1

hrishikesh (Company Secretary) (54 Points)
Replied 11 October 2014

Originally posted by : Bina Ipe
	Is it compulsory to appoint the auditors for a period of 5 years. Is it possible to appoint only for one financial year as was being done previously?

No Audit firm would be appointed for a period of more than 2 terms of 5 consecutive years, subject to the ratification by the members at every Annual General Meeting. Another Auditor may be appointed in his place after a year, provided a SR is passed in the AGM and after due approval from the Central Government is taken.

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D K Miglani (Ex-DGM (F&A) Steel Authority of India Limited ) (22 Points)
Replied 14 October 2014

The auditors of Government Companies are appointed by C&AG of India. Whether the Government Company is also required to file the Form ADT-I

CA D K Miglani

D K Miglani (Ex-DGM (F&A) Steel Authority of India Limited ) (22 Points)
Replied 14 October 2014

CA Pawan Yadav (Chartered Accountant ) (167 Points)
Replied 22 October 2014

06---- sec.139(1)

07----1. Form No. ADT 1 (Notice of appointment of Auditor by Company)
   2. Certificate of eligibility and consent for appointment of Auditor.
   3. Copy of Resolution passed in AGM for appointment of Auditor.
     4. Copy of Intimation letter by company to the Auditor.

08--- date of AGM