Signature on director' s report ,Balance Sheet & P & L A\C

This query is : Resolved

Snehal Parikh (Querist)
Follow

19 June 2008 In case Of Private Ltd Company, if there are 2 directors, then if one director signs only on notice of meeting, director's report, Balance sheet and profit and loss account and notes, then is it any breach of company act, income tax or as non compliance of statutory audit or any other law ?
If only one director signs the above documents, then is it proper or not ?

The company has no income.It is first year of the company.

Kindly reply immediately.

Thanks,

Snehal

CA. Yayati Tyagi

CA. Yayati Tyagi (Expert)
Follow

19 June 2008 company act: 2 directors need to sign annual accounts, but now all documents including annual report is submitted online, so no probs

income tax: 1 director is required to sign, so here also no probs