WHAT HAPPENS IF THE COMPANY IS NOT ABLE TO FINALISE THE BALANCE SHEET BEFORE 30TH SEPTEMBER,AND THE AUDITOR SIGNS THE BALANCE SHEET AFTER 30TH SEPTEMBER, THEN IT CAN NOT HELD ITS AGM IN DUE DATE
WHAT ARE THE CONSEQUENCES
Neeraj (student) (44 Points)
19 December 2009WHAT HAPPENS IF THE COMPANY IS NOT ABLE TO FINALISE THE BALANCE SHEET BEFORE 30TH SEPTEMBER,AND THE AUDITOR SIGNS THE BALANCE SHEET AFTER 30TH SEPTEMBER, THEN IT CAN NOT HELD ITS AGM IN DUE DATE
WHAT ARE THE CONSEQUENCES
CA Kingsley
(Audit Manager)
(470 Points)
Replied 20 December 2009
Nothing yar. The company should file the ROC belatedly and it should give statement of reasons for belated filing. Some penalty / interest is also there i guess. Thats all
CAclubindia
