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Auditor Appointment- ROC

Required Documents

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Incorporation Certificate of Company

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DSC of director of company

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Resignation letter of previous auditor (If applicable)

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Consent letter of proposed auditor

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PAN/FRN/Membership No. of proposed auditor

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Email id of proposed auditor

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Intimation of appointment by the company

What we will deliver

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Draft intimation letter for appointment

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Draft resolution for appointment

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Filing of Form ADT-1

Required Documents

Incorporation Certificate of Company

DSC of director of company

Resignation letter of previous auditor (If applicable)

Consent letter of proposed auditor

PAN/FRN/Membership No. of proposed auditor

Email id of proposed auditor

Intimation of appointment by the company

What we will deliver

Draft intimation letter for appointment

Draft resolution for appointment

Filing of Form ADT-1

Frequently Asked Question

Who can be appointed as an auditor of a company?

Any individual who has qualified and recognized as a Chartered Accountant (CA) in practice under the Chartered Accountant Act 1949 is deemed to be an auditor

What is the tenure of auditor appointment in a company?

The following class of Companies shall not appoint or reappoint:-

(a) an individual as auditor for more than one term of five consecutive years and

(b) an audit firm as auditor for more than two terms of five consecutive years:

The class of companies shall mean the following classes of companies excluding one person companies and small companies:-

  • All unlisted public companies having paid up share capital of Rs. 10 crore or more
  • All private limited companies having paid up share capital of Rs. 20 crore or more
  • all companies having paid up share capital of below threshold limit mentioned in (a) and (b) above, but having public borrowings from financial institutions, banks or public deposits of Rs. 50 crores or more

What is the cooling period for re-appointment of an auditor of specified companies?

In case of specified companies in previous FAQ, cooling period shall be 5 years. It means once an auditor/auditing firm completes tenure of 5/10 years in a specified company, such auditor/auditing firm cannot be appointed as auditor for next 5 years in the same company

What is the time limit for filing ADT-1 to ROC?

ADT-1 form needs to be filed within 15 days of the conclusion of meeting in which new auditor are appointed

Can I file the Form ADT-1 after passing deadline of 15 days?

Yes it can be filed by paying applicable additional fee

What are the provisions of appointment of an auditor in case of a casual vacancy?

A casual vacancy means a vacancy owing to death, disqualification or resignation of the auditor

Non Government Company:

  • If casual vacancy is due to resignation or other causes, the BOD shall fill the vacancy within 30 days of such vacancy. Then, the members of the company shall approve the appointment of auditor in a general meeting within 3 months of the recommendation of the BOD
  • The auditor so appointed shall hold office until the conclusion of the ensuing AGM

Government Company:

  • CAG will fill the vacancy within 30 days of the date of vacancy. If CAG fails to fill vacancy, the BOD shall fill the vacancy within next 30 days
  • The auditor so appointed holds office until the conclusion of the ensuing AGM