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MCAMCA annual filings

Statutory auditor rotation

The term-expiry watch for auditor rotation that applies to every listed company.

How this is timed

Standing duty, no filing date

Regulator
MCA
Category
MCA annual filings
Form
Not specified
Last verified
2026-09-01
Read statutory basis

Every listed company is subject to statutory auditor rotation. An individual auditor has a five-year term limit and an audit firm has a ten-year term limit. There is no separate annual filing date; the company must monitor the term and route the replacement recommendation through the Audit Committee before the next appointment.

Deadlines counted from an event

These have no calendar date. The clock starts when the event happens.

Standing duty

Monitor the five-year individual-auditor limit and ten-year audit-firm limit without inventing an annual filing date.

The rule

Stated as the law states it, so you can work out any period yourself.

Monitor auditor term

Monitor the five-year individual-auditor limit and ten-year audit-firm limit without inventing an annual filing date.

Who must comply

  • Every listed company

Statutory basis

Read the provision here where we hold it, or on the regulator's site.

Before you file

  • Track the auditor's current term.
  • Route the replacement recommendation through the Audit Committee.

How to file

  1. 1Review the auditor's term before the next appointment.
  2. 2Complete the replacement process when the statutory term expires.
  3. 3File ADT-1 for the next appointment.

Recent changes affecting this

From the regulator's own circulars and notifications.

Last verified 2026-09-01. Confirm against the official source before you rely on it.