Companies are required to appoint auditors to conduct the audit of the company’s financial statements. Here are the general time limits for auditor appointments:

Process Flow

• Check the provisions of the Companies Act and the Articles of Association regarding the appointment of auditors.
• Convene a meeting of the board of directors /shareholders to pass a resolution approving the appointment of auditors.
• File Form ADT-1 (Notice of Appointment of Auditor) with the RoC within 15 days of the appointment.
• Pay the applicable filing fee and submit the necessary documents, such as the consent letter from the auditor and the resolution approving the appointment.
• The RoC will review and process the filing, and upon successful approval, the auditor will be appointed for the company.