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In continuation on my query on appointment of auditors ok we hv to appoint the auditorss for a term of five years starting this yr only in case of non prescribed companies and file ADT-1. But the form ADT-1 is not available for e filing we hv to attach it in GNL-2, Right? Further in ADT-1 there is mention of the period for which appointment is being made and no attachment has been prescribed. Is it not necessary to attach any letter given to auditors or intimation reced from auditors with the form? And if we file ADT-i every year which period we will specify the appointment is for--one financial year or the the remaining 4,3 or 2 financial years?

Auditors

Posted By: Anita 10 year(s) ago

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Expert Ankit Singhi

In our view the ADT-1 has to be filed only once at the time of first appointment of auditors for 5 years or such other term. In ADT-1, you can attach the certified copy of the resolution appointing the Auditor but nothing is mentioned about attaching the consent letter etc.

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