B/SHEET SIGNED BY CS

This query is : Resolved 

31 March 2010 it is necessary that in case of share capital is above 5 crore to sign balance sheet by a cs

31 March 2010 If paid up capital of the company is more than 5 crore than appointment of CS is mandatory.

Now in this situation and as per section 215(1)(ii) balance sheet is mandatory to be signed by

1) By Manager or CS

and

2) By not less than 3 directors one of whom shall be MD if there is one in the company.

So if there is no manager in the company than signing of balance sheet by CS is mandatory.

Regards

31 March 2010 thanks


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