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Signature of newly appointed director

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11 January 2011 Hi,
Can a newly appointed director on date, say 10'Aug'2010 sign the balance sheet of period, Apr'09 - Mar'10.

Thanks
Alok

11 January 2011 Yes he can.

11 January 2011 I am little suprised to know that. But, the director is appointed on the later date of balance sheet period.
Still, he can sign ??


11 January 2011 What will you do in case 2 new directors are appointed in May and all the old directors resign in June? Then who will sign the balance sheet? No one. The answer is the newly appointed directors.

As on the signing date of the balance sheet he must be a director. That is the requirement.

11 January 2011 Agree with Expert.

12 January 2011 As on the signing date of the balance sheet he must be a director. That is the requirement.

12 January 2011 Agree with the experts.

12 January 2011 We should all be eager to learn and share. We at CAclubindia intend to create a knowledge base. A portal wherein you can gain, exchange and spread knowledge. This is only possible if each one of us take a sincere step and help. By doing this we will not only gain knowledge but also make relationships both professional and personal which will stand by us always.

But we should avoid to reply to threads with messages like I agree thanks, etc or even by answering the same answer. We should avoid any repition in the asnwer. Instead we can use the thank user icon just below the profile detail of the user in each post. We should always try to add value with your each post.

If there is some mistake by the expert in posting the reply or some clarification further needed to be stated which was missed by the expert then we should follow it up with the correct answer and we should avoid any unnecessary post out here. But whenever we disagree with each others views we should disagree gracefully and with dignity.

Please take it in correct spirit.

& Manmohon simply do not copy any other persons answer and paste is as you answer.




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