Resignation of Auditor

Firstly, the auditor must provide notice for resignation to the company and would file a statement in the form of ADT-3 form. This statement would be sent to the RoC within 30 days from the date of the resignation.

The ADT 3 Form statement shall contain the following details.
  • Address of the resigning auditor firm.
  • Reasons of resignation
  • Email address of the auditor firm
  • Resigning auditor firm’s contact numbers.
  • Permanent account number of the auditor firm.
  • Copy of the form ADT3 must be digitally signed by any one member of the auditor firm.

If the resigning auditor fails to intimate ROC regarding resignation within the prescribed 30 days time, he is charged a penalty ranging from Rs. 50,000 to 5 lakhs.

Documents Required for Appointment of New Auditor

When a company appoints a new auditor, the following documents shall be filed by the company.

  • Form MGT-14 with a copy of the resolution passed in the board meeting.
  • Form ADT -1 to be filed with the ROC.
the following information shall be given to the ROC.
  • Name of the new auditor firm.
  • Address of the new auditor firm.
  • Email address and PAN number.
  • The number of years for which the firm is appointed.
  • Information of the resigning auditor firm.
  • Date of appointment of the new auditor firm.
  • Digitally signed Form ADT 1 (with the signature of the director of the company).