Statutory Audit Rotation
Rotate auditor per Companies Act: individual: 1 term x 5 yrs, firm: 2 terms x 5 yrs, 5-yr cooling off. Statutory Audit Rotation takes 7 steps over about 110 days and is filed with the ROC on ADT-1 and MGT-14.
Last updated: 10 August 2026
What if it’s filed late?
MCA charges additional fees that rise with the delay, up to 12 times the normal filing fee. OnCompliance tracks the date and warns you before it costs anything.
What is the timeline for Statutory Audit Rotation?
7 steps over about 110 days, filing ADT-1 and MGT-14 with the ROC. Each deadline below runs from the step before it.
| # | Step | Form filed | Deadline |
|---|---|---|---|
| 1 | Check Rotation Requirement | None | within 7 days |
| 2 | Identify New Auditor | None | within 14 days |
| 3 | Audit Committee Recommendation | None | within 7 days |
| 4 | Board Recommends to Members | None | within 7 days |
| 5 | Members Approve at AGM | None | within 30 days |
| 6 | File ADT-1 | ADT-1 | within 15 days |
| 7 | File MGT-14 | MGT-14 | within 30 days |
What are the steps, in order?
The 7 steps below run in order; the day counts show how long each one allows.
Check Rotation Requirement
Verify if current auditor has completed maximum term (5 years individual / 10 years firm).
- Rotation requirement verified
- Term limit checked
Identify New Auditor
Identify eligible auditor. Existing auditor has 5-year cooling off period.
- New auditor identified
- Eligibility verified
- Cooling off period confirmed
Audit Committee Recommendation
Audit Committee recommends new auditor to Board.
Board Recommends to Members
Board recommends new auditor for member approval at AGM.
Members Approve at AGM
Members approve new auditor at AGM.
File ADT-1
File notice of new auditor appointment within 15 days of AGM.
File MGT-14
File resolution with ROC.
Every guide runs like this in OnCompliance: steps in order, dates in view, paperwork made for you at each step.
Common questions
How long does Statutory Audit Rotation take?
About 110 days across 7 steps. The first step is: Check Rotation Requirement.
Which MCA forms are filed for Statutory Audit Rotation?
ADT-1 and MGT-14. ADT-1 is the auditor appointment filing under §139 of the Companies Act 2013. MGT-14 is the filing of resolutions filing under §117 of the Companies Act 2013.
What does it cost if ADT-1 and MGT-14 are filed late?
MCA charges additional fees that rise with the delay, up to 12 times the normal filing fee.
Can OnCompliance run Statutory Audit Rotation for me?
Yes. OnCompliance runs the same steps in order, dates in view, with the paperwork made for you at each step.