Empanelment of CA Firm for Statutory Audit of Indian Institute of Plantation Management

Indian Institute of Plantation Management, Bengaluru (IIPMB), an Autonomous Organization of the Ministry of Commerce and Industry, Government of India, invites application in online e-tendering portal for empanelment of Statutory auditor for audit of books of accounts of the IIPM for the F. Y. 2022-2023 from the eligible individuals and proprietorship/partnership firms fulfilling the criteria appended to this notice in the format annexed along with the supportive documents. The application in prescribed format (annexed), complete in all respect, along with all supportive documents as stated in the application format, should be submitted through online e- tendering portal on or before 10.03.2022 17:00 hrs positively. The application with inscription ‘APPLICATION FOR EMPANELMENT OF STATUTORY AUDITORS’ should be submitted through online e-Tendering www.tenderwizard.com/etenders portal

Eligibility Criteria for Empanelment

Minimum criteria

• The applicant should be a qualified Chartered Accountant or a firm of Chartered Accountant, registered with Institute of Chartered Accountants of India.
• The applicant should have post-qualification practicing experience of at least 10 years with at least 2 years’ experience in statutory audits in autonomous statutory body. In case of firms, the experience of the Managing / Senior partners shall be considered as the experience of the firm.
• The applicant individuals / firms must be income tax assesse.
• The applicant should be an Indian citizen and should have office in Bengaluru.
• The firm should have audited educational institute those registered under section 12AA/80G/10(23C).
• The Firm must have conducted audit of educational institutions with Fund based accounting.

Additional / Preferred Criteria

• Empanelment with Comptroller and Auditor General of India (CAG) as statutory auditor shall be treated as a preferred qualification.
• Where there are common partner(s) in more than one firm, only one of such firms may be considered for empanelment.

Negative Criteria

• The auditor against whom complaints have been registered with CBI / SFIO / police / court of law &/or blacklisted shall not be eligible
• The auditor convicted of any offence and sentenced to imprisonment / found guilty of misconduct in professional capacity / convicted under IT Act &/or WT Act &/or Gift Tax Act &/or Service Tax Act, shall not be eligible.
• An undischarged insolvent shall not be eligible for empanelment.

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