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Appointment Letter for appointment of Cost Auditors

This letter to be given by the Company after appointment of Cost Auditors by the Board for conducting the audit of cost records of the Company made and maintained by the Company pertaining to the Financial year ending on 31st March.

Chapter: Chapter -X

Section: Section 148

Rule: The Companies (Audit and Auditors) Rules, 2014

Approximate Time Saving: 30 minutes

Product Information

This document contain the Appointment Letter of Cost Auditors to be given after their appointment by the Board for conducting the audit of cost records of the Company made and maintained by the Company pertaining to the Financial year ending on 31st March. 

Additional Information

Section 148 (2) If the Central Government is of the opinion, that it is necessary to do so, it may, by order, direct that the audit of cost records of class of companies, which are covered under sub-section (1) and which have a net worth of such amount as may be prescribed or a turnover of such amount as may be prescribed, shall be conducted in the manner specified in the order.

Section 148 (3) The audit under sub-section (2) shall be conducted by a Cost Accountant in Practice who shall be appointed by the Board on such remuneration as may be determined by the members in such manner as may be prescribed

 

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