Auditors Appointment
Requirements for Appointment of Auditor
E-Tax Service Offerings:
Our Procedure for Appointment of Auditor
- Proposed auditor must be eligible for appointment or re-appointment
- The proposed appointment should be within the prescribed limits
- Proposed auditor should not be disqualified for appointment under the Companies Act 2013, the Chartered Accountants Act, 1949 and rules or regulations made thereunder
- Auditor’s appointment should be in accordance with the provisions of Companies Act
- Appointment must be approved by board of directors or shareholders as the case may be
E-Tax Service Offerings:
- Preparation of necessary documents for auditor’s appointment like offer letter, written consent and eligibility certificate
- Drafting of documents required to call and hold the required meetings like notice of meetings and certified true copy of resolutions
- Filing of ROC form ADT-1 along with uploading of necessary attachments
Our Procedure for Appointment of Auditor
- Issue notice to all the directors of company for calling the board meeting
- Hold the meeting of Board of Directors and pass the following Board Resolutions:
- To propose an new auditor in person or as firm for appointment;
- To fix remuneration, tenure and other appointment terms;
- To approve notice of general meeting along with explanatory statement;
- To fix day, date, time and venue for holding general meeting;
- To authorize the director or company secretary to do such acts, deeds and things as may be necessary to give effect to the Board’s decision
- Send notice of general meeting along with explanatory statement to those who are entitled to receive notice like directors, members, auditors and others
- Obtain shareholders’ consent by passing ordinary resolutions for approval of appointment
- File intimation of appointment with registrar in form ADT-1 within 15 days of the general meeting with certified true copy of ordinary resolution, offer letter, written consent and eligibility certificate