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Appointment of First Auditor


Discounted fee ₹5999* Inc. tax



  • Get certificate and consent from the Auditor
  • Appoint the Audtor as first Auditor of the Company
  • Provide Appointment letter to the Auditor akcnowledging his appointment
  • Ensure that Auditor is within the limit as per companies Act to undertake audit of your Company

Introduction



As per provisions of Companies Act 2013, First auditor of the company other than government company shall be appointed by board within 30 days of incorporation of company, if board fails to appoint such auditor it shall inform members of company, who shall within 90 days appoint such auditor at an EGM and the auditor shall hold office till the conclusion of first annual general meeting.

  • Written consent from the auditor.
  • Copy of the board resolution.
  • Certificate from the auditor that he is not disqualified to be appointed.

FAQ



Any individual trained to review and verify accounting data and recognised as a Chartered Accountant (CA) under the Chartered Accountant Act 1949 is deemed to be an auditor.

No, ADT-1 is not required for first Auditor.

First auditor shall hold office till the conclusion of first annual general meeting.

No, an Internal Auditor cannot be appointed as a Statutory Auditor. An Internal Auditor is an employee of the company, he is disqualified for appointment as a Statutory Auditor.

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