Ordinary resolution format for appointing the statutory auditor at the AGM for five years under Sections 139 and 142, with fees and ADT-1 within 15 days.
To consider and, if thought fit, to pass, with or without modification(s), the following resolution as an Ordinary Resolution:
“RESOLVED THAT pursuant to Sections 139, 141 and 142 and other applicable provisions, if any, of the Companies Act, 2013 read with the Companies (Audit and Auditors) Rules, 2014, and pursuant to the recommendation of the [Audit Committee and the] Board of Directors, M/s [●], Chartered Accountants (Firm Registration No.: [●]), be and are hereby appointed as the Statutory Auditors of the Company for a term of five consecutive years, to hold office from the conclusion of this [●] Annual General Meeting until the conclusion of the [●] Annual General Meeting of the Company, [in place of M/s [●], the retiring Statutory Auditors / by way of re-appointment for a further term].
RESOLVED FURTHER THAT the remuneration of the Statutory Auditors for the financial year [●] shall be ₹[●] (Rupees [●] only) plus applicable taxes and out-of-pocket expenses, and the Board of Directors [on the recommendation of the Audit Committee] be and is hereby authorised to fix their remuneration for the remaining years of the term.
RESOLVED FURTHER THAT any Director and/or the Company Secretary of the Company be and is hereby severally authorised to file e-Form ADT-1 with the Registrar of Companies within fifteen days of this meeting and to do all such acts, deeds and things as may be necessary for giving effect to this resolution.”