Validity of meeting

joji jose (audit manager) (242 Points)

25 August 2011  

in a private limited company  having 3 directors, out of them 2 are outside india. They are prepared their financial statements for the year 2010-11 , before  signing their balance sheet, their Auditor want the approval of directors for financial statements. the directors abroad india are unable to come India due to some pre occupied programmes. Did they can approve the Financials statements through e-mail. What are the steps they have to take for approving the same