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Place of signing of balance sheet

05 October 2013

Hello Buddies, Please clarify my doubt. A Private Limited company was incorporated in New Delhi, India. Board Meeting was conducted in Chennai city where the Balance Sheet was placed & signed by the Directors following that AGM Date, Notice, etc.., were finalized to be held in New Delhi. Now my doubt is that when the Balance Sheet is signed in Chennai, we enter the place of signing as CHENNAI. Logically speaking, it is right. But when a Company has its Regd Office in New Delhi is it fine that the Balance Sheet can be signed in Chennai ?

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2 Replies

karuna Gautam (SSS) (37 Points)
Replied 05 October 2013

Dear Shankar, there is no such provision under companies act 1956, that balance sheet should be signed at registered office of the company only. The provision for registered office is related to maintenance of books of accounts of companies. In my opinion balance sheet may be signed by the directors at place other than registered office and there would be no voilation of companies act.