In a pvt. ltd. company whrere there are three directors, do the company secretary need to sign the balance sheet or just signing of any two directors will be enough?
Sweta Jalan (Company Secretary) (177 Points)
12 May 2009In a pvt. ltd. company whrere there are three directors, do the company secretary need to sign the balance sheet or just signing of any two directors will be enough?
Ankur Garg
(Company Secretary and Compliance Officer)
(114773 Points)
Replied 12 May 2009
Sweta,
Please go through Section-215 (1)(ii). As per this section Balance sheet shall be signed by company’s manager or secretary along with 2 directors.
So I would say signing of Balance sheet by CS is mandatory if there is no manager {Section 2 (24)} in the company and CS is appointed by the Co.
Regards
CA SUDIPTA SINHA
(Commerce Coaching- Accounts Cost FM)
(735 Points)
Replied 12 May 2009
Sec 215(1)(ii) reads that "in the case of any other company, by its manager or secretary, if any, and by not less than two directors of the company one of whom shall be a managing director where there is one".
So, if the company has no manager or secretary then minimum 2 directors can sign the fiancial statement of which at least one has to be the managing director.
CS Ankur Srivastava
(Company Secretary & Compliance Officer)
(17848 Points)
Replied 15 May 2009
Dear Sweta,
In this case if there is Company Secretary or Manager
Signatures Required:-
CS or Manager and 2 Director (One of whom must be MD).
In case there is no CS or Manager
Signatures Required:-
2 Directors (One of whom must be MD).
Sweta Jalan
(Company Secretary)
(177 Points)
Replied 18 May 2009
Form 32 shuld b file with roc for appointment of company secretary? any other document to be filed apart frm form 32?
Kedar Pande
(Self Employed)
(896 Points)
Replied 18 May 2009
Sweta,
You are required to file form 32 in case of appointment of CS. No other document required
Ankur Garg
(Company Secretary and Compliance Officer)
(114773 Points)
Replied 18 May 2009
Agree with Kedar...
shikha srivastava
(company secretary)
(26 Points)
Replied 12 August 2009
what if only one director is present in india.. as per sec215 one director can sign but he has to attach a statement stating the reason of doing so alonwith the acounts.
What is the procedure? what is the format of such statement to be given by the director.
shikha
company secretary
Harshita
(CS)
(28 Points)
Replied 21 August 2009
If a Company has two managing Directors do they both have to sign the balance sheet or signing by the CS, one of the two MDs and Chairman is enough? Kindly justify!
Sandeep Marathe
(CA Final)
(423 Points)
Replied 25 August 2009
singing the balance sheet by company secretary is must
CS Ankur Srivastava
(Company Secretary & Compliance Officer)
(17848 Points)
Replied 25 August 2009
Jyoti Aggarwal
(COMPANY SECRETARY)
(336 Points)
Replied 04 September 2009
Pls give me format of statement given under section 215(2) by a director when there is another director is not in India.
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