Auditor Appointment/ Resignation

Appointing or resigning an auditor is a crucial process that demands compliance with the Companies Act, 2013. At Corporate Wheel, we specialize in assisting companies with auditor-related procedures. Here’s how we can support you in the appointment or resignation of auditors:

Documents Required:

For Appointment:

1. Digitally signed Form ADT-1.
2. Date of appointment of the new auditor firm.
3. Information of the resigning auditor firm.
4. The number of years for which the firm is appointed.
5. Email address and PAN number.
6. Address of the new auditor firm.
7. Name of the new auditor firm.

For Resignation:

1. Reasons for resignation and any other relevant facts.
2. Address, City, State, Pin Code, and Email ID of the auditor/auditor’s firm.
3. Membership Number.
4. Income Tax PAN of auditor.
5. Category of Auditor.
6. Name, Registered Address, and Email.
7. Corporate Identification Number (CIN).

Procedure:

Appointment:

1. According to Section 139 of the Companies Act, 2013, the Board must appoint the first auditor within 30 days of incorporation.
2. If the Board fails to do so within 90 days, an Extraordinary General Meeting (EGM) should be convened.
3. The 90-day period starts from the day of incorporation.
4. Obtain a consent letter from the new auditor firm under Sections 139 and 141 of the Companies Act 2013.

Resignation:

1. The auditor must provide the company and the ROC with a resignation letter and Form ADT-3.
2. Conduct a board meeting with all directors to process the resignation.
3. Obtain a consent letter from the new auditor firm, adhering to Sections 139 and 141 of the Companies Act 2013.

Why Corporate Wheel?

• Expert Guidance:

  • Rely on Corporate Wheel for expert guidance throughout the auditor appointment or resignation process.

• Simple & Fast Process:

  • Experience a simplified and efficient process for auditor-related procedures.

• Complete Digital Process:

  • Minimize paperwork with our fully digital process.

• Best Price Guarantee:

  • Corporate Wheel offers competitive pricing for all services.

• Hassle-Free Process:

  • Trust Corporate Wheel for a hassle-free experience in auditor appointment or resignation.

Navigate Auditor-Related Procedures Effectively with Corporate Wheel:

Whether it’s appointing the first auditor or managing resignations, Corporate Wheel ensures a smooth and compliant process. Benefit from our expert guidance, simplified processes, and competitive pricing. Contact Corporate Wheel today for assistance in auditor appointment or resignation. Choose us for a simple, fast, and hassle-free experience.