Section 134

Anil sharma (Student CA Final ) (154 Points)

12 April 2016

I am unable to understand the signing of financial statement ...

It is written that chairperson or two director and c.e.o. ..

But also written c.f.o. and c.s. ..

My question is that c.f. o and c.s. is apart from chairperson ... Or it is alternative of chairperson ...

Please guide total no. Of person Required for signing ..

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2 Replies

CS Arjun Rajagopal (B.com, ACS) (1056 Points)
Replied 12 April 2016

Hi Anil,

The financial statement, inclusing consolidated financial statement shall be signed by following persons;-

A. Where Chairman is authorised by the board

1. Chairman

2. CEO (Only required if he is a director in the company)

3. CFO (If he is appointed)

4. CS (if he is appointed)

B.Where chairman is not authorised by the board

1. TWO DIRECTORS (Out of which one shall be MD (If he is appointed) if no MD, then by any of the two directors

2. CEO (Only required if he is a director in the company)

3. CFO (If he is appointed)

4. CS (if he is appointed)

In the case of OPC

1. Only one direector

Regards,

Arjun Rajagopal

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CS Ankur Srivastava (Company Secretary & Compliance Officer) (17853 Points)
Replied 13 April 2016

Originally posted by : Arjun Rajagopal
	Hi Anil, The financial statement, inclusing consolidated financial statement shall be signed by following persons;- A. Where Chairman is authorised by the board 1. Chairman 2. CEO (Only required if he is a director in the company) 3. CFO (If he is appointed) 4. CS (if he is appointed) B.Where chairman is not authorised by the board 1. TWO DIRECTORS (Out of which one shall be MD (If he is appointed) if no MD, then by any of the two directors 2. CEO (Only required if he is a director in the company) 3. CFO (If he is appointed) 4. CS (if he is appointed) In the case of OPC 1. Only one direector Regards, Arjun Rajagopal