Balance sheet date for Pvt Ltd company


This query is : Resolved 

Quick Summary
This discussion clarifies the balance sheet signing date for a Private Limited company. Given an AGM extension to 30th November 2021 for the financial year ending 31st March 2021, the balance sheet can be signed by directors and auditors on or before this date. This allows for the circulation of signed financial statements to shareholders for the AGM.

29 December 2021 Dear Sir,

I own a Pvt Ltd company where my AGM was held on 30th November, 2021 for Balance sheet of 31.03.2021 as due date of AGM was extended.

My query is what date should I put on the Balance sheet as a signing date.

Please help me in this matter.

Regards,
Divyesh Jain

30 December 2021 1: As per Section 137, a Signed Copy of the Financial Statement should be circulated to the Shareholders along with a Notice of the AGM.
2: As per the General Extension order of the ROC, an AGM can be held by the Companies maximum till 30th November 2021.
So, one can opine that:
The Company can hold the Board Meeting for the approval of the Financial Statement on 30th November 2021
The Company can get the signatures on the Financial Statement from the Directors and the Auditor on 30th November 2021
The Company can call an AGM on Shorter Notice on 30th November 2021 and can circulate a signed copy of the financials to the shareholders.

Therefore, one can opine that the financial statement of the Companies can be signed maximum up to 30th November 2021 for the financial year ended 31st March 2021.

30 December 2021 That means Balance sheet can be signed on 1st November 2021 for AGM to be held on 30th November 2021?

30 December 2021 Yes.

30 December 2021 Thanks a lot Sir.....

30 December 2021 My Pleasure...


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
21 August 2026
Accountant

A G International

Kolkata

B.Com

View Details
Company
28 August 2026
Audit Manager

K A R M & CO

Mumbai

CMA

View Details
Company
07 August 2026
Chartered Accountant

Devesh Garg and co

New Delhi

CA

View Details
Company
24 August 2026
Semi-Qualified CA/CA Finalist - Tax, GST, Audit & Accounts

Bharat Shah & Associates

Mumbai

CA Inter

View Details
Company
28 August 2026
Assistant Manager

NRS AND ASSOCIATES

Kozhikode

CA Inter

View Details
Company
29 August 2026
Chartered Accountant

Velionit Consulting PVT LTd

Mumbai

CA

View Details
Company
18 August 2026
CA Semi Qualifies

Goyanka and Associates

New Delhi

CA Inter

View Details
Company
Featured 19 August 2026
Chartered Accountant

apricus india

Pune

CA

View Details