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A company fails to file Form ADT-1 within the prescribed period after appointing its auditor. Which of the following best represents the compliance consequence?
There are no consequences if the company files the form within the next financial year.
The auditor's appointment is automatically nullified and a new appointment is required.
The company is liable for penalty for non-compliance under the Companies Act, 2013.
The company must re-convene the AGM to ratify the appointment again.
The company is liable for penalty for non-compliance under the Companies Act, 2013.
Practice and solve "A company fails to file Form ADT-1 within the prescribed period after appointing its auditor. Which ..." for Part 5 Domain Knowledge - CIL MT Company Secretary 2026. The correct answer is Option C: The company is liable for penalty for non-compliance under the Companies Act, 2013.. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
Practice and solve "A company fails to file Form ADT-1 within the prescribed period after appointing its auditor. Which ..." for Part 5 Domain Knowledge - CIL MT Company Secretary 2026. The correct answer is Option C: The company is liable for penalty for non-compliance under the Companies Act, 2013.. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
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