Auditor Appointment / Change

Auditor Appointment and Change

Every company incorporated under the Companies Act 2013 must appoint a statutory auditor at the first AGM and rotate auditors as per applicable rules. FinLegit handles auditor appointment and change filings at Rs 2,000 all-inclusive.

When Is This Required?

• First auditor appointment within 30 days of incorporation (via board resolution)
• Auditor change at conclusion of AGM
• Removal of auditor before term expiry

Our Process

1. Draft board resolution and special resolution if required
2. Obtain ADT-1 consent from incoming auditor
3. File Form ADT-1 on MCA21 within 15 days of AGM
4. Update ROC records and minute book

Documents Required

• Board and shareholder resolutions
• Consent letter from new auditor (Form ADT-1 consent)
• DSC of authorised signatory

FAQ

Is ADT-1 mandatory for every auditor appointment? Yes. Form ADT-1 must be filed whenever a new auditor is appointed or reappointed, within 15 days of the AGM.

Is rotation of auditors mandatory? Yes. Listed companies and certain large unlisted companies must rotate individual auditors every 5 years and audit firms every 10 years.