Company Law & Corporate Governance
This query is : Resolved
29 September 2009
Hi sirs,
How many directors are required to sign the audited financial statements and what is the related provision in the companies or any other act which mandates the aforesaid.
if the answer is all : then can the board delegate this power to a particular director
How many directors are required to sign the audited financial statements and what is the related provision in the companies or any other act which mandates the aforesaid.
if the answer is all : then can the board delegate this power to a particular director
29 September 2009
Hi,
As per section 215(1)(ii) every balance sheet and profit & loss account must be signed by manager or secretary, if any and by not less then 2 director one of whom shall be MD if there is one. Director may be any director.
Read Section 215 carefully.
Regards
As per section 215(1)(ii) every balance sheet and profit & loss account must be signed by manager or secretary, if any and by not less then 2 director one of whom shall be MD if there is one. Director may be any director.
Read Section 215 carefully.
Regards
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
- Itr 1 processing
- Reporting Income under Section 44ADA
- Building and other construction workers welfare cess act 1996
- Bank Accounts in Balance Sheet for ITR 3
- ITR validation error - Balance sheet is not filled
- ITR 1: Details for showing Exempt Income
- TDS ON CASH WITHDRAWALS...
- ITR Filing Requirement for Partnership Firm Registered but Business Not Commenced
- Income of an individual
- Capital gain profit distribution among partners of partnership firm
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- 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
