Companies act 2013 section 134
This query is : Resolved
18 September 2014
plz provide clarification of section 134 of company act 2013 that financial report including financial statement shall be approved by bod BEFORE THEY SIGNED AND SUBMITTED TO AUDITOR FOR THEIR REPORT
18 September 2014
Company has to convene a board meeting in which the financial statements and CFS has to be presented ,discussed , approved by way of resolution and authorize director's to sign and forward to auditor's for audit and issue report thereon.
In the 1956 act also ,there was a corresponding section viz., 215 which was silent on the pre signing approval, though followed by all companies, which has been plugged in section 134 of the 2013 act to give more clarity in the procedure.
In the 1956 act also ,there was a corresponding section viz., 215 which was silent on the pre signing approval, though followed by all companies, which has been plugged in section 134 of the 2013 act to give more clarity in the procedure.
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
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- STCG....................................................
- Sales return eway bill
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- TAN for Partnership
- GST ON DAMAGED GOODS
- Specified Profession
- GST Registration Horse racing
- Section 43B(h) – MSME Invoice Paid Before Year End but After 45 Days
- CA IPCC Registeration in 2012, Is my registration Active or Expired
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
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
