Dear professionals,
What is the next step if a company has failed to appoint an auditor in the 1st AGM?
Will the first auditor (who was appointed for period till first AGM) continues to be the auditor?
Or will it become a casual vacancy and can the board of directors appoint the auditor?
Kindly help. Thank you.
Dear All,
Can anybody provide draft minutes and notice of first board meeting?
THANKS IN ADVANCE
Dear Friends
Greetings
My query is regarding nidhi company compliance. the company incorporated in March 2020 but no compliance , no meeting and no audit was done for FY 2019 - 20 . Now at current date , how to appoint auditor for audit of FY 2019-20 and FY 2020-21?
Whether to call EGM of members for appointment or board resolution is required ?
Please guide in this regard.
appointment
auditor
first
Dear friends
As we know that form ADT1 is optional in case of first auditor appt...however what practice is generally followed are professionals mostly filing add 1 or not
Your views
Dear All,
Company had filed Form ADT-1 for appointment of first auditor for FY 20-21 term up to AGM of the company. Now the auditor has resigned due to some dispute between management and auditor.
Auditor has filed Form ADT-3 also for resignation.
Now company wants to appoint another auditor for conducting audit for first FY should company appoint new auditor by convening extra-ordinary general meeting in casual vacancy.
In Form ADT1 what type of nature of appointment shall be selected.
resignation
auditor
first
Dear All,
A Producer Company shall hold its first annual general meeting within a period of ninety days from the date of its incorporation.
What is the logic behind holding the first AGM within 90 Days from the date of its incorporation.?
If it is required then what formalities are required pre and post AGM
Please advise.
Dear Members,
Can anyone share the format documents of First Board Meeting Minutes in case of a Pvt Ltd Co.
Dear All
If first Auditor do not want to continue with Company, then what documents should be taken from first Auditor by the Company.
{Please note that First Auditor has signed the Balance Sheet for First Financial Year of the Company later on In first AGM will appoint another auditor for five years and Company is a small Company}
Kindly guide.
Hello ,
As per Sec 139 (6) ,the first auditor of a company, other than a Government company, shall be appointed by the Board of Directors within thirty days from the date of registration of the company and in the case of failure of the Board to appoint such auditor, it shall inform the members of the company, who shall within ninety days at an extraordinary general meeting appoint such auditor and such auditor shall hold office till the conclusion of the first annual general meeting.
Ninety days will be from incorporation date or from date on which Board informs members of the Company?
Whether to include date of incorporation for calculating 90 days , if it is 90 days from date of incorporation.
auditor
first
appointment
Dear Members,
Do we need to take NOC from previous PCS or mere communication is sufficient as stated in Company Secretaries Act Clause 8 of First Schedule.
schedule
first
clause
secretaries
company
Dear All,
What is the status of First Auditor who is appointed by the Board beyond the time limit of 30 days as per 139(6)?
Inadvertently, shareholders, approval is not taken. ADT 1 has been filed and approved as well.
Is it better to convene an EGM to ratify the same? Or can it be ignored?
Do we need to file form ADT-1 for appointment of first auditor of the company after incorporation ?
auditor
first
appointment
