Auditor Appointment Services in India
Every registered company in India must appoint auditors in compliance with the Companies Act 2013. Our comprehensive auditor appointment services ensure full statutory compliance while selecting qualified professionals suited to your business needs.
Our services include:
- Statutory auditor appointment and ratification
- Internal auditor selection as per turnover thresholds
- Cost auditor appointment for specified industries
- Secretarial audit compliance
- MCA Form ADT-1 filing and compliance
Legal Requirements for Auditor Appointment
Mandatory Appointment
Section 139 requires every company to appoint an auditor within 30 days of incorporation.
Rotation Requirements
Listed companies and certain other classes must rotate auditors every 5/10 years.
Eligibility Criteria
Only practicing Chartered Accountants or CA firms can be appointed as statutory auditors.
Tenure
Auditors are appointed for 5 years subject to annual ratification at AGMs.
Our Auditor Appointment Process
1. Needs Assessment
Evaluating your company's size, industry and specific audit requirements.
2. Auditor Selection
Identifying qualified auditors matching your business needs and budget.
3. Board Resolution
Drafting and passing necessary board resolutions for appointment.
4. Shareholder Approval
Facilitating ratification at AGM/EGM through proper notices and resolutions.
5. Regulatory Filings
Filing Form ADT-1 with ROC within 15 days of appointment.
Types of Auditors We Assist With
Statutory Auditor
Mandatory financial statement auditors
Internal Auditor
Required for certain classes of companies
Cost Auditor
For companies in specified industries
Secretarial Auditor
For listed and large public companies
Branch Auditor
For companies with foreign branches
Special Auditor
Appointed by government authorities
Documents Required for Auditor Appointment
| Document | Purpose |
|---|---|
| Auditor Consent Letter | Written consent to act as auditor (Form ADT-3) |
| Auditor Eligibility Certificate | Certificate confirming eligibility under Section 141 |
| Board Resolution | Approving auditor appointment |
| AGM/EGM Notice | For shareholder ratification |
| Auditor's Certificate | Confirming no disqualifications exist |
Transparent Pricing
| Service | Basic | Comprehensive |
|---|---|---|
| Statutory Auditor Appointment | ₹2,999 | ₹4,999 |
| Internal Auditor Appointment | ₹1,999 | ₹3,499 |
| Cost Auditor Appointment | ₹3,999 | ₹5,999 |
| Full Compliance Package | ₹6,999 | ₹9,999 |
Frequently Asked Questions
Within 30 days of incorporation, with the Board appointing the first auditor who holds office until the conclusion of the first AGM.
Listed companies must rotate auditors after maximum two terms of 5 years each (total 10 years), with a cooling period of 5 years.
No, Section 141 prohibits appointment of auditors who are relatives of directors or have certain financial relationships with the company.
Company and officers in default may be fined ₹25,000 to ₹5,00,000 plus additional daily penalties for continuing defaults.
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