Signature on director' s report ,Balance Sheet & P & L A\C
This query is : Resolved
Snehal Parikh
(Querist)
19 June 2008
In case Of Private Ltd Company, if there are 2 directors, then if one director signs only on notice of meeting, director's report, Balance sheet and profit and loss account and notes, then is it any breach of company act, income tax or as non compliance of statutory audit or any other law ?
If only one director signs the above documents, then is it proper or not ?
The company has no income.It is first year of the company.
Kindly reply immediately.
Thanks,
Snehal
If only one director signs the above documents, then is it proper or not ?
The company has no income.It is first year of the company.
Kindly reply immediately.
Thanks,
Snehal
CA. Yayati Tyagi
(Expert)
19 June 2008
company act: 2 directors need to sign annual accounts, but now all documents including annual report is submitted online, so no probs
income tax: 1 director is required to sign, so here also no probs
income tax: 1 director is required to sign, so here also no probs
19 June 2008
No breach is involved
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