aythentication of Annual Report
This query is : Resolved
21 September 2010
What are the provisions in respect5 of signing of notice of AGM & Directors Report, Balance Sheet and p&l of the company. Whether it is mandatory to get it signed by managing Director.
21 September 2010
Dear Friend
Authorisation for signing of Balance Sheet, profit and Loss Account will be done at Board Meeting.
In case of Balance Sheet and Profit and Loss Account: As per section 215(1)(ii) of the Companies Act, 1956 signed by not less than two directors of the company one of whom shall be MD where there is one. So it is mandatory to sign these documents by MD.
In case of Director’s Report: As per section 217(4) of the Companies Act, 1956 signed by its chairman if he is authorized by Board. As per this section it is not mandatory to sign Directors Report by MD unless he is authorized by Board and he is chairman of the Meeting.
Regards
CS Ajay Mishra
Authorisation for signing of Balance Sheet, profit and Loss Account will be done at Board Meeting.
In case of Balance Sheet and Profit and Loss Account: As per section 215(1)(ii) of the Companies Act, 1956 signed by not less than two directors of the company one of whom shall be MD where there is one. So it is mandatory to sign these documents by MD.
In case of Director’s Report: As per section 217(4) of the Companies Act, 1956 signed by its chairman if he is authorized by Board. As per this section it is not mandatory to sign Directors Report by MD unless he is authorized by Board and he is chairman of the Meeting.
Regards
CS Ajay Mishra
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- ITDS U/S.194T of Firm
- Difference between Date of Payment and Date of Deduction?
- Unregistered suppliers utility
- EXPORT COMMERCIAL INVOICE HSN CODE
- Same demand raised for original as well as rectification request return
- Sale of property held jointly with a non resident Indian
- Journal entry of busniess expenses
- GST not cancelled by tenant
- FORM 141 SDV query
- Form 140 tds
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
