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Annual Return without sign

This query is : Resolved 

13 March 2011 Sir,

In a private limited company , annual returns are submitted without any sign of any directors. In this case all the transaction of share transfer mention in those annual return can be cancelled?

Please reply,

Mr. Sumit Khandelwal

13 March 2011 Yes, AR without signature is invalid.

14 March 2011 Merely because the AR has not been signed as per the provisions of law will not make the share transfers invalid and the same cant be cancelled. The Share Transfer will be completely valid and effectual if done in accordance with the provisions of law.


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