Tax Crew Advisors

Have you incorporated the company and worried about Auditor appointments? Here is the solution

The appointment of an auditor is mandatory for any company as per The Companies Act,2013 to analyze and understand the company’s financial position so that management can use the information to meet its objectives.

Who can be an Auditor?

Chartered Accountant recognized under Chartered Accountant Act,1949
A firm where the majority of partners are Chartered Accountants
In the case of LLP, partners who are Chartered Accountants can sign on behalf of the firm

When to appoint an Auditor? .

First Auditor shall be appointed by Board of Directors within 30 days of incorporation of the company who shall hold the office till the conclusion of first AGM(Annual General Meeting). In case of failure to appoint so, shareholders shall appoint the auditor within 90 days of receiving intimation of failure to appoint from the Board of Directors.

In case of resignation of auditor, new auditor shall be appointed by the Board of Directors within 30 days of resignation. If the vacancy is caused due to death or disqualification of the auditor, shareholders shall fill the vacancy within a period of 3 months.

With our team of professionals, appointment of an auditor is easy and quick. You may get in touch with our team on 9908945249 or email contact@taxcrewadvisors.com

Have you incorporated the company and worried about Auditor appointments? Here is the solution

Who can be an Auditor?

When to appoint an Auditor? .

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