Question ID :
40413
First auditor appointment
Dear sir,
If the company incorporation date is 23rd March 2018,then company appointed the first auditor as on 2nd January 2019(since the cop of auditor effect from 31st December 2018)
whether it is is valid appointment or not?
If yes,is there any late fee for company for late appointment?
Posted by
CHANTI EMBADI
on
Sep 29, 2019
Filed Under
Companies Act, 2013
Answer ID :
80189
As per sec 139(6) of the companies act 2013 company shall appoint first auditor within 30 days from the date of incorporation and shall file form ADT-1.Otherwise company shall pay penalty
Posted by
RAMU BODDU on
Oct 02, 2019
Answer ID :
80196
Violated section 139(6). Penalty attracts per 147(1).
Posted by
B.CHACKRAPANI WARRIER on
Oct 06, 2019