Dear All,
Who can witness the signature of subscribers of Memorandum and articles of association? Is there any mandatory provision that it should be witnessed by an independent professional?
Regards,
4 Replies
Priya Sharma
(Company Secretary & Student.MBA)
(998 Points)
Replied 23 July 2010
Hii Vivek
General practice is that the name, signature,age,occupation,address,father's name,no of shares held by the subcribers to MOA & AOA is verified by an independent professional,who is generally a Company Secretary in whole time practice.
But still you wait for the views of the experts.
Regards
Priya Sharma
Ankur Garg
(Company Secretary and Compliance Officer)
(114778 Points)
Replied 23 July 2010
No compulsion regarding independent professional for sure.
Signature of subscribers of Memorandum and articles of association may be witnessed by any person having contractual eligibility along with a professional....but preferably by the person involved with the incorporation process.
Regards
Priya Sharma
(Company Secretary & Student.MBA)
(998 Points)
Replied 23 July 2010
Thanks Ankur Sir!!!!
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