ADT-1 Filing

The ADT-1 Filing is a mandatory compliance requirement for all types of companies in India, including public, private, listed, unlisted, and One Person Companies (OPCs). This crucial form must be filed with the Registrar of Companies (ROC) whenever an auditor is appointed, whether it's their initial appointment or a re-appointment at a subsequent Annual General Meeting (AGM).

Timeliness is key for ADT-1 compliance. The form must be submitted to the ROC within 15 days from the effective date of the auditor's appointment.

To ensure a smooth and valid ADT-1 filing, the following essential conditions must be met:

• The auditor's appointment must strictly adhere to the provisions outlined in the Companies Act, 2013.
• The appointed auditor must provide their explicit written consent to serve as the company's auditor.
• The auditor is also required to furnish a certificate under Section 141 of the Companies Act, 2013, confirming the following:
  • They meet all the prescribed eligibility criteria for appointment as an auditor.
  • They are not disqualified or ineligible under any provisions of the Companies Act, 2013.
  • The appointment falls within the permitted audit limits as stipulated by law.

Korrectax assists companies in navigating the complexities of ADT-1 filing, ensuring timely and compliant submissions to the ROC.

Ensuring statutory compliance under the Companies Act, 2013, mandates the timely filing of Form ADT-1. This crucial form notifies the Registrar of Companies (ROC) about the appointment or reappointment of an auditor. The ADT-1 due date varies significantly based on whether your company is newly incorporated or an existing entity.

ADT-1 Filing Due Dates Explained:

• For Newly Incorporated Companies:

  The first auditor of a newly incorporated company must be appointed within 30 days of its incorporation, typically in the first Board Meeting. Following this appointment, Form ADT-1 must be filed within 15 days from the date of that first Board Meeting.

  Therefore, the effective due date for filing ADT-1 for a new company is within 45 days of its incorporation (30 days for the Board Meeting + 15 days for filing).

  Example: If your company is incorporated on 1st July 2025, the Board must appoint the first auditor by 31st July 2025. Subsequently, the ADT-1 form must be filed by 15th August 2025.

• For Existing Companies:

  For existing companies, Form ADT-1 must be filed within 15 days from the date of the Annual General Meeting (AGM) where the auditor is appointed or reappointed.

  Example: If your company's AGM is held on 30th September 2025, the ADT-1 form must be filed by 15th October 2025.

Important Note on Compliance:

Delayed filing of Form ADT-1 may attract additional fees and significant penalties as stipulated under the Companies (Registration Offices and Fees) Rules, 2014. Korrectax helps you navigate these deadlines efficiently, ensuring your business remains compliant and avoids unnecessary financial liabilities.

Ensuring compliance with the Companies Act, 2013, the ADT-1 Form mandates precise disclosure of auditor details during their appointment. This critical filing facilitates proper identification, qualification validation, and regulatory adherence. When submitting Form ADT-1, companies must furnish the following comprehensive information about the appointed auditor:

• Category of the Auditor: Clearly specify whether the auditor is an individual Chartered Accountant or a firm of Chartered Accountants.
• Membership Number: Provide the Institute of Chartered Accountants of India (ICAI) membership number of the individual CA or the partner signing the audit report.
• Firm Registration Number (FRN): For audit firms, include the Firm Registration Number as allotted by ICAI.
• Permanent Account Number (PAN): The PAN of the appointed individual auditor or the audit firm.
• Professional Address and Contact Information: Full official address, a valid email ID, and the primary phone number of the auditor or the audit firm.
• Period of Appointment: Clearly state the tenure for which the auditor is being appointed, such as for 5 years or until the conclusion of the next Annual General Meeting (AGM).
• Details of Previous Auditor (if applicable): If the appointment is due to a casual vacancy (e.g., resignation, disqualification, or death), provide the membership number of the outgoing or vacated auditor, along with the reason and date of the vacancy.
• Date of Appointment: For the first auditors, mention the date of the Board resolution. For regular or reappointed auditors, provide the date of the AGM in which the appointment was approved.

Korrectax streamlines your ADT-1 filing process, ensuring all required details are accurately captured for seamless compliance.

Essential Documents for ADT-1 Filing with Korrectax

To ensure a seamless and compliant ADT-1 filing process, it is crucial to attach specific documents as per the Companies Act, 2013, and the latest regulatory guidelines. Korrectax guides you through preparing and submitting these vital attachments, ensuring your filing meets all statutory requirements. Below are the key documents:

• Copy of the Board Resolution / AGM Resolution: This certified true copy is fundamental. It signifies the formal approval for the auditor's appointment. For the first auditor, a Board Resolution is required, while for subsequent appointments or reappointments, a resolution passed by the shareholders in the Annual General Meeting (AGM) is necessary.
• Written Consent from the Auditor: A formal letter of consent from the appointed auditor is mandatory. This document confirms their willingness to accept the appointment and to perform their duties in accordance with the provisions of the Companies Act, 2013.
• Auditor’s Certificate under Section 141: The auditor must provide a declaration and certificate affirming their eligibility and lack of disqualification for appointment under Section 141 of the Companies Act, 2013. This ensures that the auditor meets all statutory criteria.
• Copy of Intimation Sent by the Company to the Auditor: A record of the company's communication to the auditor, informing them of their appointment, must be included. This could be a copy of the formal intimation letter or email sent to the auditor.

By meticulously preparing and attaching these documents, you ensure the accuracy and compliance of your ADT-1 filing, mitigating potential legal or regulatory issues. Trust Korrectax to simplify this critical compliance task for your business.