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ADT-1 Filing

Form ADT-1 is a mandatory e-form filed with the Registrar of Companies (ROC) to intimate the appointment of a statutory auditor by a company. This filing is crucial under the Companies Act, 2013, as it formalizes the auditor's appointment and provides transparency to the regulatory authority regarding who will be auditing the company's financial statements. Timely filing is essential to avoid penalties and ensure compliance with auditing regulations.

Purpose of ADT-1 Filing :

The primary purpose of filing Form ADT-1 is to formally inform the ROC about the appointment or re-appointment of a company's auditor. This form provides essential details about the auditor and their engagement, including: Laams Tax Consultancy offers expert assistance with ADT-1 Filing, ensuring accurate preparation and timely submission of the form. Our services streamline the process, allowing companies to meet their statutory obligations efficiently and maintain a robust compliance record.

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Mandatory Documents

Registration Process

Benefits

Common Mistakes

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Requirements and Eligibility

Company Registration

Applicable to all companies private limited, public limited, OPC, Section 8 Company registered under the Companies Act, 2013, that appoint a statutory auditor.

Auditor's Consent

The appointed auditor must provide their written consent (Form ADT-1 Part A) to act as an auditor and a certificate of eligibility (Form ADT-1 Part B).

Board Resolution

A valid Board Resolution authorizing the appointment of the auditor must be passed.

Documents Required for ADT-1 Filing in Chennai

1. Consent Letter from Auditor (Form ADT-1 Part A)

This is a written letter from the auditor confirming their consent to act as the statutory auditor of the company. It must be obtained before filing Form ADT-1. The consent ensures that the appointment is voluntary and in compliance with professional ethics.

2. Certificate from Auditor (Form ADT-1 Part B)

The auditor must provide a certificate declaring that the appointment complies with the provisions of the Companies Act, 2013, and that they are not disqualified under Section 141. This certificate assures the company and the authorities of the auditor’s eligibility. It forms a critical part of the ADT-1 filing documentation.

3. Board Resolution for Auditor Appointment

A certified true copy of the Board Resolution passed in a board meeting is required, evidencing approval of the auditor's appointment. This formal approval reflects the decision of the company’s board. The resolution must be signed by an authorized director or company secretary.

4. Engagement Letter (Optional but Recommended)

Though not mandatory, an engagement letter outlines the scope of work, terms of service, responsibilities, and fees agreed upon by both the company and the auditor. It provides legal clarity and prevents future disputes. Including it strengthens professional transparency and understanding.

Process or Compliance Filing Online in Chennai

Step 1: Board Meeting for Appointment

The Board of Directors convenes a meeting to appoint the first auditor (within 30 days of incorporation) or to recommend the re-appointment of an auditor to members in AGM.

step 2: Obtain Auditor's Consent and Certificate

The appointed auditor provides their consent (ADT-1 Part A) and eligibility certificate (ADT-1 Part B) .

Step 3: File Form ADT-1

The company files Form ADT-1 with the ROC within 15 days of the Board Meeting (for first auditor) or within 15 days of the AGM (for subsequent appointments/re-appointments). This is a critical step to be completed on time.

Step 4: Verification and Acknowledgement

Upon successful filing, an SRN is generated, and the form is processed by the MCA.

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Benefits of ADT-1 Filing in Chennai

Legal Compliance: Fulfills the statutory requirement of informing the ROC about the auditor's appointment, avoiding penalties.

Transparency: Ensures transparency in the company's financial oversight by duly informing regulatory bodies about the appointed auditor.

Smooth Audit Process: Proper ADT-1 filing sets the stage for a legitimate and recognized statutory audit.

Common Mistakes or Compliance Penalties

Late Filing: Failing to file Form ADT-1 within the prescribed 15-day period, attracting additional fees.

Incorrect Details: Entering erroneous auditor details or dates in the form.

Missing Consent/Certificate: Not attaching the mandatory consent and eligibility certificate from the auditor and OPC .

Why Choose Laams Tax Consultancy for ADT-1 Filing

Laams Tax Consultancy provides efficient and accurate ADT-1 Filing services. Our ROC Filing Experts in Tamil Nadu ensure all documentation is in order and the filing is completed within the strict deadlines, providing you with hassle-free compliance and peace of mind.

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