Section 139(6) mandates the notice to Registrar for the appointment of First Statutory Auditor.
Purpose: To inform the Registrar of Companies (RoC) about the appointment of the first statutory auditor of the company.
Timeline: The notice must be filed with the RoC within 15 days of the conclusion of the annual general meeting (AGM) at which the auditor was appointed.
Penalty: Failure to comply with this section can result in penalties ranging from INR 50,000 to INR 5 lakh for the company and INR 10,000 to INR 1 lakh for the concerned officer in default. Additionally, the company may be barred from making certain filings and the directors may face disqualification.
Form: The notice can be filed in e-Form ADT-1 with the RoC.
Reporting authority: Registrar of Companies (RoC) is the reporting authority.
Other: This section applies only to the appointment of the first statutory auditor of the company. The notice must contain the name and address of the auditor and the date of his appointment. The auditor must be a Chartered Accountant in practice. The company must obtain a written consent from the auditor before his appointment.
