Appointment of First Auditor of the Company Edited

CERTIFIED TRUE COPY OF THE RESOLUTION PASSED AT THE MEETING OF THE BOARD OF DIRECTORS OF (XYZ PRIVATE LIMITED) HELD AT THE REGISTERED OFFICE OF THE COMPANY AT (ADDRESS) ON (DAY), (DATE) AT (TIME)

APPOINTMENT OF FIRST AUDITORS OF THE COMPANY:

"RESOLVED THAT A, Chartered Accountant, New Delhi be and is hereby appointed as the first auditor of the Company under Section 139 of The Companies Act, 2013 to hold the office till the conclusion of the 1st Annual General Meeting of the Company."

"FURTHER RESOLVED THAT B (DIN), Director of the Company be and is hereby authorized to decide the remuneration of the Auditors as he may consider reasonable in consultation with A, Chartered Accountant, New Delhi."

//CERTIFIED TO BE TRUE COPY//

For XYZ PRIVATE LIMITED

DIN: ......

Director: ......

Add: ......

An auditor is an individual who is trained to review or verify the books of accounts. They are recognized as Chartered Accountants (CA) under the Chartered Accountants, 1949. Every company, private limited company, or public limited company needs to appoint an auditor as per the Companies Act, 2013. Before the appointment, the company is required to obtain consent and a certificate from the auditor.

Purpose Behind the Appointment of Auditor

The reason to appoint an auditor is to protect the interests of shareholders. Also, they examine the company accounts and tell the true financial situation of the company. They share an independent opinion with the owner and the shareholder of the company to ensure that the financial conditions are protected and safe.

Procedure for Appointing a First Auditor

The first auditor must be appointed by the Auditor General of India and the Comptroller within 60 days of the company’s incorporation. If in any situation, the Auditor General of India does not appoint the auditor within the specified time, the company of board directors can appoint an auditor within 30 days. After the appointment of an auditor, it will hold the position until the First Annual General Meeting.

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Appointment of First Auditor of the Company Edited

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Intellectual Property Rights (IPR)

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Authorize your finance firm under RBI

Care For Regulatry Compliance

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Certification for standardization

Certification for standardization

Start your Business Entity

Start your Business Entity

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Start your business in the Telecom Industry

Start your business under IRDA

Start your business under IRDA

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Intellectual Property Rights (IPR)

Intellectual Property Rights (IPR)

Authorize your finance firm under RBI

Authorize your finance firm under RBI

Care For Regulatry Compliance

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Certification for standardization

Certification for standardization

Start your Business Entity

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Get metrologically certified for your goods

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