Ad Free CAclubindia and Daily Updates on your Mobile. Subscribe Now!

Is it mandatory to file ADT-3 on Resignation of Auditor of Private Limited Company

G RAKESH (Article Assistant) (75 Points)

25 December 2021

Hello,

Thank you

Reply
Follow
Share

2 Replies

Tanuj Chandra Saxenaa (Company Secretary) (7075 Points)
Replied 25 December 2021

Yes it is mandatory to file Adt3 for auditor resignation as per companies act and appoint the statutory auditor either in agm Or the case may be as in the case of casual vacancy and 5 yrs appointment as per section 139(8) and (1) (2) of Cos act 2013

2 Like

Upgrade to CAclubindia Pro. Subscribe Now!

CS Vasudev Sharma (Service) (405 Points)
Replied 27 December 2021

ADT-3 is a form needs to be filed by the Retiring Auditor and not by the Company... it is an intimation from the Outgoing auditor to the MCA that he is leaving or separating with the entity, so that he should not be held liable for the liabilities or events arising after his/her resignation..

1 Like