Signing balance sheet by Company Secreatry
This query is : Resolved
15 July 2010
Facts:
One Company was required to appoint the Company Secreatry (CS) for the year ended 31 March 2010 u/s 383 of the Companies Act. But the Company appointed the CS in May 2010. Whether the newly appointed CS can sign the balance sheet for the March 2010. And if not whether the incomplinace for not appointing CS will come as a disclosure in notes to accounts ?
Thanks in advance.
One Company was required to appoint the Company Secreatry (CS) for the year ended 31 March 2010 u/s 383 of the Companies Act. But the Company appointed the CS in May 2010. Whether the newly appointed CS can sign the balance sheet for the March 2010. And if not whether the incomplinace for not appointing CS will come as a disclosure in notes to accounts ?
Thanks in advance.
15 July 2010
If Balance sheet is adopted in a board meeting after the appointment of CS then CS is eligible to sign the BS even if BS pertains to the period ended on march 31, 2010.
Views of other experts solicited.
Views of other experts solicited.
15 July 2010
Hi Ankur,
Thank you for your reply. But the non compliance of sec.383 will come for 31 March 2010 in notes to accounts ?
Thank you for your reply. But the non compliance of sec.383 will come for 31 March 2010 in notes to accounts ?
15 July 2010
Non compliance of 383A is not required to be put in Notes to Accounts.
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