Description

All the companies must file Form ADT-1 whether it is a listed, unlisted, private, public, or other company. It is the company’s responsibility to file Form ADT-1, not the auditor. The company is required to file Form ADT-1 even when the appointment of an auditor is for a casual vacancy.

1. Resignation Letter and No Objection Certificate from the previous auditor.
2. Board Resolution to call an Extra-Ordinary General Meeting (EGM)
3. Notice for calling an EGM.
4. Ordinary Resolution passed at the meeting of shareholders.
5. Consent Letter and Eligibility Certificate from the new auditor.

In case the company has appointed firm of Auditors, then such auditors can be reappointed subject to the maximum of 2 terms i.e. (10 years) and after the expiry of 2 terms, it is not eligible for appointment for another term.