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No Objection Certificate

The document is a No Objection Certificate (NOC) from a retiring auditor confirming no objections to the appointment of a new statutory auditor for a bank branch. It states that there are no professional reasons preventing the new auditor's acceptance of the engagement under relevant laws and regulations. The retiring auditor offers assistance for a smooth transition and wishes the new auditor well in their new role.

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ontuli2015
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2K views1 page

No Objection Certificate

The document is a No Objection Certificate (NOC) from a retiring auditor confirming no objections to the appointment of a new statutory auditor for a bank branch. It states that there are no professional reasons preventing the new auditor's acceptance of the engagement under relevant laws and regulations. The retiring auditor offers assistance for a smooth transition and wishes the new auditor well in their new role.

Uploaded by

ontuli2015
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

No Objection Certificate (NOC) from Retiring Auditor

[On the Letterhead of Retiring Auditor]


Date: ____________
To,
[Name of Incoming Auditor / Firm Name]
Chartered Accountants
[Address]
[City, Pincode]
Subject: No Objection Certificate for Appointment as Statutory Auditor
Dear Sir/Madam,
With reference to your communication dated [Date] regarding your proposed appointment as
the statutory auditor of [Bank Branch Name] for the financial year [Year], we hereby confirm
that we have no objection to your acceptance of the said engagement.
We further confirm that there are no professional reasons that would prevent you from
accepting this appointment under the applicable provisions of the Companies Act, 2013,
Banking Regulations Act, 1949 and the Chartered Accountants Act, 1949, along with the Code
of Ethics issued by ICAI.
We would be happy to provide any assistance required for the smooth transition of the audit
engagement.
Wishing you all the best for your association with [Bank Branch Name].
Yours sincerely,
For [Retiring Auditor's Firm Name]
Chartered Accountants
Firm Registration No.: ____________

[Name of Partner]
Partner
Membership No.: ____________
Place: ____________

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