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companies bill 2017 query

30 December 2017

as per section 134 of companies bill 2017, ceo need to sign financial. our co. has ceo but is not designated in ROC, do he need to sign financial?

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9 Replies

Divakar (Student CA Final ) (11857 Points)
Replied 30 December 2017

Yes CEO has to sign if he is director in the company and other one by either CFO OR CS

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Divakar (Student CA Final ) (11857 Points)
Replied 30 December 2017

Signed by two directors out of which one is CEO and MD who is director in the company

sarishty kukreja (88 Points)
Replied 30 December 2017

but ceo is not designated as one in ROC

Divakar (Student CA Final ) (11857 Points)
Replied 30 December 2017

Shall be signed by chairperson of the company if he is authorised by board of the company... In the absence of that two directors one is CEO and other is CFO OR CS

Divakar (Student CA Final ) (11857 Points)
Replied 30 December 2017

If he is not director of the company then no need

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sarishty kukreja (88 Points)
Replied 30 December 2017

no, he is not a director

Divakar (Student CA Final ) (11857 Points)
Replied 30 December 2017

As per section 134 financial statements should be signed by CEO AND MD only if he is a director of the company

CS Smreti (cs) (641 Points)
Replied 02 January 2018

As per the amendment bill CEO has to sign the accounts whether a director or not. the bill has been passed by both the houses of parliament. It is awaiting the assent of President.
Further to ur question that he is not designated in ROC. Please note CEO is Kmp thus necessary forms to be filed with ROC.

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