Section 215 - MD a signatory

Dipjyoti Majumdar (CA in service & CS. dipmaj@ rediffmail.com )   (3414 Points)

15 June 2011  

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A person is appointed as MD in May 2011. Section 215 mandates that MD needs to be a signatory to accounts. His contention is that  he was not associated with the company from 1/4/10 till 31/3/11.

What is to be done

 

Thanks