URGENT REPLY: A new pvt co. has appointed its first statutory auditors in BOD meeting. Is the co. required to intimate the ROC? If yes, which form. As per my knowledge, First auditor need not file form 23b.Is it true?? THANKS in advance...
Peeyush Kumar Ramuka (Senior Transaction Tax at EY) (42 Points)
05 January 2012URGENT REPLY: A new pvt co. has appointed its first statutory auditors in BOD meeting. Is the co. required to intimate the ROC? If yes, which form. As per my knowledge, First auditor need not file form 23b.Is it true?? THANKS in advance...
CMA Sameer Epari
(CA Final Student)
(409 Points)
Replied 05 January 2012
CA LOVELY ARORA
(C.A. B.Com (H) Graduate)
(2151 Points)
Replied 05 January 2012
there is no doubt in this....
if you read Sec. 224(1A), which clearly states that Auditor appointed under sub-sec. 1 should inform ROC within 30 days of his appointment.... and Sub-sec. 1 of Sec. 224 relates to Auditor appointed in AGM...
and as First Auditor is appointed in Board Meeting... not in AGM.... there is no question of Intimation to ROC.....
Peeyush Kumar Ramuka
(Senior Transaction Tax at EY)
(42 Points)
Replied 05 January 2012
Originally posted by : LOVE ARORA | ||
there is no doubt in this.... if you read Sec. 224(1A), which clearly states that Auditor appointed under sub-sec. 1 should inform ROC within 30 days of his appointment.... and Sub-sec. 1 of Sec. 224 relates to Auditor appointed in AGM... and as First Auditor is appointed in Board Meeting... not in AGM.... there is no question of Intimation to ROC..... |
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is there any reuirement to be fulfilled by that private limited co.?? Does it need to intimate ROC or any other body..about appointement of first auduitor??/
Charu Srivastava
(Company Secretary)
(4210 Points)
Replied 05 January 2012
No Company is not required to intimate to ROC for the appointment of first Auditor.
Peeyush Kumar Ramuka
(Senior Transaction Tax at EY)
(42 Points)
Replied 05 January 2012
okay...QUERY SOLVED...
THANKSSS every1 :)
achyut
(fresher)
(73 Points)
Replied 19 January 2012
Charu Srivastava
(Company Secretary)
(4210 Points)
Replied 19 January 2012
Dear Achyut
Yes incorporation fees can be shown as preliminary axpense
CMA Sameer Epari
(CA Final Student)
(409 Points)
Replied 19 January 2012
Dear Achyut,
ENSURE THAT THE FORM 32 AND 18 ARE FILLED AT THE TIME OF INCORPORATION i.e before getting incorporation certificate.
ONCE YOU HAVE REGISTERED AS COMPANY YOU CAN NOT CLAIM ANY FEES PAID AS PRELIMINARY EXPENSES.