Expert Appointment of Auditor (ADT-1)
Ensure your company remains compliant with the Companies Act. We manage the statutory appointment of your auditor and the mandatory filing of Form ADT-1 with the ROC.
The Statutory Appointment Process
Auditor Engagement
We facilitate the selection process and ensure the auditor provides the necessary eligibility certificate (Form ADT-1).
Board Resolution
We draft the board resolution, maintain your minutes books, and handle the formal appointment procedures.
ADT-1 Filing
We file Form ADT-1 with the Registrar of Companies (ROC) within the mandatory 15-day window from your AGM.
Why Compliance is Crucial
Under the Companies Act, 2013, every company must appoint a statutory auditor. Failure to follow the correct procedure or delay in filing ADT-1 can lead to severe consequences:
- Late Filing Penalties: Delays in filing ADT-1 attract heavy late fees per day of default.
- Regulatory Scrutiny: Incomplete records can trigger unwanted inquiries from the MCA regarding the validity of your financial audits.
- Statutory Invalidity: An improperly appointed auditor may invalidate your entire financial audit, creating massive headaches for your company’s tax filing and bank audits.
Frequently Asked Questions
When is ADT-1 filing due?
Form ADT-1 must be filed with the ROC within 15 days from the conclusion of the Annual General Meeting (AGM) where the auditor was appointed.
Is auditor appointment mandatory for all companies?
Yes. Every private limited and public company must appoint a chartered accountant as a statutory auditor to conduct their annual financial audit.
How can EasyBiz360 help?
We manage your auditor appointment timeline, ensure all legal documents (resolution, consent, eligibility letter) are in order, and file the form on the MCA portal.
Appoint Your Auditor Now
Provide your company details and auditor information below. Our team will prepare the necessary resolutions and file your ADT-1 promptly.