A board resolution for appointment of the first auditor records the Board appointing the company's first statutory auditor after incorporation.
Under Section 139(6) of the Companies Act, 2013, the Board must appoint the first auditor within 30 days of the date of registration of the company. The first auditor holds office until the conclusion of the first Annual General Meeting. If the Board fails to appoint within 30 days, the members must do so within 90 days at an extraordinary general meeting.
When is this resolution needed?
Use this within 30 days of incorporating a new company.
Who can pass it?
The Board appoints the first auditor; members' approval is not required at this stage.
This is a free template for general convenience and not a substitute for professional advice. The resolution must be passed at a duly convened meeting, recorded in the minutes and certified by an authorised signatory. Some matters also require members' approval or specific e-form filings.