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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.

7 steps~110 days start to finishfiles ADT-1files 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.

See this deadline for your clients →

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.

#StepForm filedDeadline
1Check Rotation RequirementNonewithin 7 days
2Identify New AuditorNonewithin 14 days
3Audit Committee RecommendationNonewithin 7 days
4Board Recommends to MembersNonewithin 7 days
5Members Approve at AGMNonewithin 30 days
6File ADT-1ADT-1within 15 days
7File MGT-14MGT-14within 30 days

What are the steps, in order?

The 7 steps below run in order; the day counts show how long each one allows.

1

Check Rotation Requirement

Verify if current auditor has completed maximum term (5 years individual / 10 years firm).

within 7 days
  • Rotation requirement verified
  • Term limit checked
2

Identify New Auditor

Identify eligible auditor. Existing auditor has 5-year cooling off period.

within 14 days
  • New auditor identified
  • Eligibility verified
  • Cooling off period confirmed
3

Audit Committee Recommendation

Audit Committee recommends new auditor to Board.

within 7 days
4

Board Recommends to Members

Board recommends new auditor for member approval at AGM.

within 7 days
5

Members Approve at AGM

Members approve new auditor at AGM.

within 30 days
6

File ADT-1

File notice of new auditor appointment within 15 days of AGM.

within 15 days · files ADT-1 · document made for you
7

File MGT-14

File resolution with ROC.

within 30 days · files MGT-14
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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.