Question ID : 44645

Problem faced due to Merger of CA Firms

I was Practising As A Sole Proprietor till 09-Jan-2024. thereafter my firm was merged with another partnership firm from 10-Jan-2024 till now. My Sole Proprietorship was Appointed As Auditor In Some Companies. My Query Is As A Result Of Merger, Do I Need To Resign In Those Companies By Filing Form ADT-3 And Appoint The Partnership Firm As Auditor By Filing Form ADT-1 Or I don't need to file ADT-3, Just informing board of Directors of companies is sufficient. I kindly request your guidance on this matter, as I have sought answers from various sources but have not received a satisfactory response. Is there any notification, guidance anything to support the view.

There is no notification. If there is only change in constitution of auditor firm and no change in name of firm, it is not "resignation". Hence there is no need to file ADT-3. Informing board of directors about change in constitution by submitting merger document is sufficient. But if name of auditor firm is also changed,, Form ADT-1 and ADT-3 shall be filed and the resolution shall be passed by Board of directors for appointment of new firm.