Annual filing under companies act

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

15 May 2015 DEAR EXPERT,

WHETHER STATUTORY AUDITOR HAS TO SIGN HIS ANNUAL REPORT ONLY AFTER IT IS APPROVED BY THE BOARD OF DIRECTORS IN THE AGM?

CS JAY GOHIL

CS JAY GOHIL (Expert)
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16 May 2015 sir,
approval of annual report by its directors is to be made on board meeting which will conduct before AGM.

shareholders are the person who approve report in AGM

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Querist : Anonymous

Querist : Anonymous (Querist)

16 May 2015 Dear Jay Gohil Sir,

When Statutory Auditor has to sign the audit report, before Board Meeting or After Board Meeting and between AGM or After AGM?

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CS JAY GOHIL

CS JAY GOHIL (Expert)
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16 May 2015 see example below mentioned
suppose, company held board meeting on 25.07.2015 for approval of account and board has approved the same , so in this meeting or in another day before AGM auditor has to sign the report. and final audited accounts will be available in hands of share holder on AGM

so auditor has to sign report after or on board meeting but before AGM

Querist : Anonymous

Querist : Anonymous (Querist)

16 May 2015 Whether the Board Meeting and AGM can be held on the same day?

Querist : Anonymous

Querist : Anonymous (Querist)

16 May 2015 Dear Sir,
Whether the Board Meeting and AGM can be held on the same day?

CS JAY GOHIL

CS JAY GOHIL (Expert)
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16 May 2015 no it can not be possible because for holding agm 21 days clear notice are required. shorter notice is allowed with the consent of majority shareholders. further it is advisable to held both meetings on different day

Querist : Anonymous

Querist : Anonymous (Querist)

17 May 2015 Thank you sir,

My friend is running a pvt ltd company, there is only 2 members (he & his wife). Then in this case whether he can conduct board meeting and agm on the same day?

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CS JAY GOHIL

CS JAY GOHIL (Expert)
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18 May 2015 yes he can conduct the same

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