can Independent director sign the balancesheet and profit and loss account of a listed company.
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Independent directors clarification
Replies (4)
Following is as per my knowledge...
As per Sec 215-
Annual accounts shall be signed by
1)manager or secretary
2)2 directors of whom 1 should be MD(if there is one)
So the directors can be independent directors also.
agreed
| Originally posted by : roopak | ||
 |
Following is as per my knowledge... As per Sec 215- Annual accounts shall be signed by 1)manager or secretary 2)2 directors of whom 1 should be MD(if there is one) So the directors can be independent directors also. |
 |
Agreed with roopak.................
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