Balance sheet filing if bank accounts are frozen

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

28 August 2011 Hi,
If the current bank accounts of a private limited company have been frozen due to the dispute between the directors/ shareholders of the company. Bank accounts have been frozen due to the forging of signature on company cheques by one of the authorized signatory. Will the company face any problem in filing the Balance Sheet for this year.

Thanks

U S Sharma

U S Sharma (Expert)
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28 August 2011 bank account transactions are frozen, not the closing balance of bank, so the statements and closing balance is enough to make accounts and balance sheet and file return.