Auditor Appointment Services (ADT-1)

Appoint Your Statutory Auditor and File ADT-1 on Time

Every company must appoint a statutory auditor to examine its financial statements, and the appointment must follow the process in the Companies Act, 2013. The first auditor is appointed by the board within thirty days of incorporation, while subsequent auditors are appointed by the members, generally for a term of five years. The appointment is notified to the Registrar in Form ADT-1, and the auditor’s consent and eligibility must be obtained before appointment.

Our auditor appointment services manage first and subsequent appointments, casual vacancies, consent, and ADT-1 filing. This service connects with our auditor rotation services and auditor resignation services, and complements the board-level appointments handled in our director appointment services.

Our Auditor Appointment Services

First Auditor Appointment

Appointing the first auditor by the board within thirty days of the company’s incorporation.

Subsequent Appointment (AGM)

Appointing subsequent auditors by the members, generally for a term of five years.

Consent & Eligibility

Obtaining the auditor’s consent and confirming eligibility and the absence of disqualifications.

ADT-1 Filing

Filing Form ADT-1 with the Registrar to notify the appointment within the timeline.

Casual Vacancy

Filling a casual vacancy in the office of auditor through the appropriate process.

Records Update

Updating the company’s records to reflect the appointment of the auditor.

Benefits of a Compliant Auditor Appointment

A validly appointed statutory auditor
Correct first and subsequent appointments
Auditor consent and eligibility confirmed
Timely ADT-1 filing that avoids additional fees
Casual vacancies handled properly
Records aligned with the appointment

Frequently Asked Questions

How is a statutory auditor appointed?

The first auditor is appointed by the board within thirty days of incorporation, and subsequent auditors are appointed by the members, generally for a term of five years. The auditor’s consent and eligibility are obtained, and the appointment is notified to the Registrar in Form ADT-1.

Which form is filed for an auditor appointment?

The appointment of a statutory auditor is notified to the Registrar in Form ADT-1. The form records the details of the auditor and the appointment and is filed within the prescribed period after the appointment is made.

When is the first auditor appointed?

The first auditor of a company is appointed by the board of directors within thirty days of the date of incorporation. If the board fails to appoint within that period, the members appoint the first auditor within the further period allowed under the Act.

What is the term of a statutory auditor?

Subsequent auditors are generally appointed by the members to hold office for a term of five consecutive years, subject to the provisions of the Companies Act, including any requirements on rotation for the classes of companies to which rotation applies.

When is ADT-1 due?

Form ADT-1 notifying the appointment of the auditor is generally filed with the Registrar within fifteen days of the meeting at which the auditor is appointed. Filing within this period ensures the appointment is properly recorded and avoids additional fees.

Appoint Your Statutory Auditor Correctly

End-to-end statutory auditor appointment services with accurate ADT-1 filing.