THINGS TO KNOW BEFORE YOU REGISTER- CHANGE IN STATUTORY AUDITOR OF THE COMPANY
There may be possibilities that existing auditor of the Company may resign from his post. In this case, company is required to appoint another Statutory Auditor of the Compnany. And for same various documnetations are required. We at startupcounter.com help you to provide all the documentation and filing of forms to the Registrar of Companies.
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INTRODUCTION
List Of Documents Required For Statutory Auditor of The Company
Name of the new auditor firm.
Name of the new auditor firm.
Email address and PAN number.
Number of years for which the firm is appointed.
Information of the resigning auditor firm.
Date of appointment of the new auditor firm.
Digitally signed Form ADT 1 (with signature of the director of the company).
Procedure To Change In Statutory Auditor Of The Company
Step - 1 First Of All, The Existing Auditor Has To Submit The Resignation Letter And Form ADT3 To The Company.
Step - 2 A Board Of Meeting Shall Be Organized With All The Directors For Effecting The Resignation.
Step - 3 The Company Shall Obtain A Consent Letter From The New Auditor Firm Under Section 139 And 141, Companies Act 2013.
Step - 4 A Board Of Meeting Shall Be Called. All The Members Of The Company Shall Be Called In The Meeting For Filling The Vacancy Of The Auditor.
Step - 5 The Proposed Auditor/Auditors’ Firm Is To Be Appointed In Such Meeting Held.
Step - 6 Intimate The Appointed Auditor/ Auditors’ Firm Regarding The Date Of Appointment.File The Form ADT-1 For The Appointment Of The New Auditor.
FAQ
Most Frequent Questions And Answers
Yes, at every type of appointment i.e first auditor, casual vacancy or appointment at AGM,the Company shall file ADT-1 for such appointment.
Yes, at every type of appointment i.e first auditor, casual vacancy or appointment at AGM,the Company shall file ADT-1 for such appointment.
1. Category of Auditor Individual/ Firm:
Income Tax PAN of auditor or auditor’s firm
Name of the auditor or auditor’s firm
Membership Number of auditor or auditor’s firm’s registration number
Address of the auditor or auditor’s firm
City and State
Pin code
Email id of the auditor or auditor’s firm
2. Reasons for resignation
3. Any other facts relevant to the resignation
Death of Auditor. Disqualification of Auditor under section-141. Resignation by Auditor. Non-ratification of auditor. Any other reason
No, Auditor Can’t be removed by Board of Directors of Company.
Resignation of Auditor create Casual Vacancy, As per Section 139(8): Casual Vacancy arise due to resignation of Auditor shall be recommend by Board of Directors in the Board Meeting within 30 days of Resignation and required approval of Members with in 3 month from the date of Board Meeting.