Nominee director signing the balance sheet
Sakina Rassawala
Can a nominee director of a private company sign the balance sheet along with MD of the company. Please clarify.
Thanks.
CS A Rengarajan
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manu batra
yes..........he can sign because Section 215 says that Balance sheet
shall be signed by two directors one of whom shall be MD where there
is one and manager or secretary.
So According to this Nominee director can sign if Board authorizes him
to do so by passing a resolution in a BM.
Thanks & Regards
Manu
On Fri, Apr 13, 2012 at 11:51 AM, CS A Rengarajan
<csaren...@gmail.com> wrote:
> No where section provides that nominee director not to sign the balance
> sheet. it is board has to decide who are the directors sign the balance
> sheet.
>
> Regards
>
> On Thu, Apr 12, 2012 at 5:31 PM, Sakina Rassawala <sakin...@gmail.com>
> wrote:
>>
>> Dear All,
>>
>> Can a nominee director of a private company sign the balance sheet along
>> with MD of the company. Please clarify.
>>
>> Thanks.
>>
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>> Mail your comments, feedback and suggestions on CSMysore to Moderator:
>> datta...@gmail.com and Manager: vivekhe...@gmail.com
>>
>> Find eNewsletters of ICSI Mysore at:
>> www.icsi.edu/NewsEvents/enewsletters/tabid/1757/Default.aspx
>
>
>
>
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