Compliant & Hassle-Free Auditor Appointment
Appointment of a statutory auditor is a mandatory requirement under the Companies Act, 2013. Whether it’s the first auditor or appointment at AGM, the process must follow strict legal procedures and timelines.
N D Savla & Associates handles the complete process — from documentation to ROC filings — ensuring your company remains fully compliant.
What is Auditor Appointment?
Auditor appointment refers to the formal selection and approval of a statutory auditor to examine and report on a company’s financial statements.
Types of Auditor Appointment
- First Auditor: Appointed by Board within 30 days of incorporation
- Subsequent Auditor: Appointed at AGM for a term of 5 years
- Casual Vacancy: Appointment due to resignation or removal
Who Must Appoint an Auditor?
- Private Limited Companies
- Public Limited Companies
- One Person Companies (OPCs)
- Section 8 Companies
Key Compliance Requirements
- Obtain auditor consent & eligibility (Section 141)
- Pass Board / shareholder resolution
- File Form ADT-1 with ROC
- Maintain proper documentation
Documents Required
- Auditor consent letter
- Eligibility certificate
- Board / AGM resolution
- Company incorporation documents
Process of Auditor Appointment
- Identify and finalize auditor
- Obtain consent and eligibility certificate
- Pass Board or AGM resolution
- Prepare and file ADT-1
- Receive ROC acknowledgment
Why Choose N D Savla & Associates?
Accurate Filings
Error-free documentation and ROC filing.
Expert Guidance
Advice on auditor eligibility and compliance.
Timely Completion
Avoid penalties with on-time filings.
End-to-End Support
From selection to final approval.
Compliance Alerts
Stay updated on future requirements.
Trusted Advisory
Reliable partner for corporate compliance.
Frequently Asked Questions
Is auditor appointment mandatory for all companies?
Yes, every company must appoint a statutory auditor under the Companies Act, 2013.
What is the due date for appointing the first auditor?
The first auditor must be appointed within 30 days of incorporation by the Board of Directors.
Is ADT-1 mandatory for auditor appointment?
Yes, ADT-1 must be filed with ROC for appointment or reappointment of an auditor.
What happens if ADT-1 is not filed?
Late filing attracts additional fees and may lead to compliance issues.
Can an auditor be appointed for more than 5 years?
Typically, auditors are appointed for 5 years, subject to rotation rules for certain companies.
Can the same auditor be reappointed?
Yes, subject to eligibility and auditor rotation provisions under the law.