Is there any restriction on
Alternate director signing the Financial statements and directors report?
Can anyone give me a sample of explanation attached to the Financials pursuant to section 215(2)???
Thanks and Regards
Max Payne (employed) (2569 Points)
09 July 2010Is there any restriction on
Alternate director signing the Financial statements and directors report?
Can anyone give me a sample of explanation attached to the Financials pursuant to section 215(2)???
Thanks and Regards
Nitin Grover
(CS)
(1228 Points)
Replied 09 July 2010
Dear Friend
he can sign but he need approval from Board to sign documents as any other director need.
Regards
Ankur Garg
(Company Secretary and Compliance Officer)
(114773 Points)
Replied 09 July 2010
| Originally posted by : Ankur Shah (PCS) | ||
 |
Alternate Director is also the Director of the Compant and He can do all such acts,deeds and things which the Original Directors can. So, Alternate Director also can sign the Balance Sheet |
 |
AGREE
AUTHORISED HIM THROUGH A NORMAL BOARD RESOLUTION.
CS Ankur Srivastava
(Company Secretary & Compliance Officer)
(17853 Points)
Replied 10 July 2010
When a company appoints any persons as an Additional Director. He would be director so long the original director remains out of the state.
Therefore, he is the director and having all such powers to sign the B/S. Provided that in the Board resolution his name must have been given.
Max Payne
(employed)
(2569 Points)
Replied 12 July 2010
Thanks for the information....
Could anybody pls give me a format for the explanation u/s 215(2)
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)
CAclubindia
