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The procedure for an auditor’s resignation must be followed in the below mentioned sequential form. A careful execution of the below-mentioned steps will avoid any error in the process
File the form ADT-1 for the appointment of the new auditor.
After the resignation of an auditor, a company has to carry out prescribed formalities/ Procedures for appointing new auditor.
As per Section 139(8): If Casual Vacancy Arise due to Resignation of Auditor then: By Board of Directors in the Board Meeting within 30 days of Resignation and required approval of Members (Through General Meeting) with in 3 month from the date of intimation to shareholders by the Board of Directors. Auditor appointed due to casual vacancy will hold office till conclusion of next Annual General Meeting.
As per Section- 140(2): The auditor who has RESIGNED From the company shall file within a period of 30 days from the date of resignation, a Statement in the Form No. ADT-3 (Attached in GNL-2) with the ROC, indicating the reasons and other facts as may be relevant.
The company will File Notice of such appointment with ROC in Form- ADT-1 . Information require to be mention in Form ADT-3.
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 State Pin code Email id of the auditor or auditor’s firm