No-Objection Certificate (Outgoing Auditor)
[Chartered Accountant Firm Letterhead]
Date: [DD/MM/YYYY]
To,
[Incoming Auditor / Firm Name]
Chartered Accountants
[Address]
Subject: No-Objection Certificate for appointment as Statutory Auditor of [Company Name]
Dear Sir/Madam,
We refer to your communication regarding the proposed appointment of your firm as the Statutory Auditor of [Company Name] (CIN: [CIN]) in place of our firm.
In compliance with Section 140 of the Companies Act, 2013 and the professional clearance requirement under the Code of Ethics issued by the ICAI, we hereby confirm that we have no objection to your firm accepting the said appointment.
We further confirm that there are no professional or other reasons known to us which should prevent you from accepting the assignment, and that our undisputed audit fees for prior periods stand [settled / as noted].
We wish your firm the very best in the assignment.
Chartered Accountants
[Name]
Partner / Proprietor
Membership No.: [M. No.]
FRN: [Firm Reg. No.]