Auditor Appointment Services are mandatory for every company incorporated in India under the Companies Act, 2013. Every company must appoint a statutory auditor within 30 days of incorporation, failing which heavy penalties and compliance issues may arise.
With Auditor Appointment Services by The Startup Lab, the entire process becomes simple and stress-free. We handle the first auditor appointment, ensure accurate and timely ADT-1 filing, and manage all legal formalities—so there are no delays, no penalties, and no compliance gaps.
In short, if you’re handling auditor appointments or changes, this service is built for you.
Section 139 of the Companies Act, 2013 tells us clearly to fix an auditor and that too, within 30 days of forming your company. Then, you’re required to file Form ADT-1 with the MCA to notify the appointment. The first auditor serves until the end of the first AGM. And missing the filing deadline racks up a penalty of ₹300 per day for both the company and the directors.
Basically, choosing the Startup Lab is a smart move for any business that wants to run smoothly and confidently.
Make sure this is done within 30 days of incorporating your first auditor. Subsequent appointments are made in AGMs.
Yes, as per MCA circulars, ADT-1 must be filed even for the first auditor.
Yes. After 5 years, reappointment or rotation may be required.
Late fees and penalties apply. The Startup Lab helps you rectify delayed filings with legal support.
You are only required to follow this process if your turnover goes over ₹40 lakh or contributions go over ₹25 lakh. If not, you don’t need to follow.
Stay 100% MCA compliant. Let The Startup Lab file your ADT-1 on time. Talk to an Expert Now
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