csmedha (Company Secretary) (91 Points)
29 March 2016Hi,
The previous auditors resigned on 30.04.2015 and appointment by way of casual vacancy is made within 3 months in EGM by the company. The audit is to be done for the FY 2014-2015 as well as 2015-2016.
In ADT-1 can we state the period for 2 years from 01.04.2014 till 31.03.2016?
Though re-appointment shall be taken in the upcoming AGM of the company.
Please share your views.
Regards,
ACS Parul Rawat
(Entrepreneur | Corporate Law Advisor | Lawyer in Making | AIR-8)
(218 Points)
Replied 30 March 2016
Hi Medha,
Kindly share the date of BM n EGM
ACS Parul Rawat
(Entrepreneur | Corporate Law Advisor | Lawyer in Making | AIR-8)
(218 Points)
Replied 30 March 2016
As per sub-section 8 of Section 139 of Companies Act, 2013
An Auditor appointed in Casual Vacancy arised due to Resignation of previous Auditor, shall be filled in EGM and the new Auditor shall hold the office till the conclusion of next AGM.
Form ADT 1 shall be filed within 15 days of his appointment in EGM.
As per sub-section 1 of Section 139 of Companies ACt, 2013
An Auditor shall be appointed in AGM for a term of 5 years. i.e. from the conclusion of that meeting till the conclusion of 6th AGM.
So as per my interpretation,
Conclusion
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