Company Law : Learn which companies must file MGT-7 or MGT-7A, when MGT-8 certification is mandatory, and how the Companies (Management and Admi...
Corporate Law : Avoid penalties by preventing common mistakes in Pvt Ltd annual return filing, such as missing deadlines, incorrect data, and non-...
Company Law : Key documents for Pvt Ltd annual filing in India, including financial statements, annual returns, director reports, and compliance...
Company Law : Master the 2023 due dates for annual filings of all company types. Avoid penalties with our comprehensive guide to ROC compliance....
Company Law : Explore intricacies of filing annual returns under Section 92 of Companies Act, 2013. Learn about required information, attachment...
CA, CS, CMA : ICSI seeks extension for annual filing deadlines due to challenges in XBRL, festival delays, and technical issues on MCA website f...
Company Law : ICSI has made a representation to Ministry of Corporate Affairs and requested for extension of due dates of Companies Fresh Start ...
Company Law : We wish to submit that the provision of Section 137(1) of the Companies Act, 2013 requiring filing of financial statement within t...
Company Law : It is once again requested that a general extension for the date of conducting AGMs may be allowed so as to provide relief to all ...
Company Law : However, several companies have not submitted their annual report/return, audited report, balance sheet and details of profit/loss...
Income Tax : Sub Registrar Dhansura Vs DIT (ITAT Ahmedabad) Appellant is a Govt. servant and ld. AR stated that they have assigned job to submi...
Company Law : The ROC Mumbai penalized a company and its Managing Director for failing to include mandatory disclosures in the Board Report for ...
Company Law : The issue involved failure to file annual returns within the prescribed time. The authority imposed penalties and emphasized stric...
Company Law : ROC Chennai ruled that despite a 565-day delay in filing Form MGT-7A, no penalty would be imposed since the company rectified the ...
Company Law : The authority held that filing an e-form with wrong particulars constitutes a completed contravention. Later requests to mark the ...
Company Law : An adjudication order confirms penalties for violation of statutory annual return requirements under the Companies Act. The ruling...
INTRODUCTION Annual return is the significant document which is required to be filed by the every company with Registrar of Companies [ROC]. Annual return shall be prepared in the prescribed form ie. Form MGT-7 and it containing information like details regarding registered office, principal business activities, shares debentures and other securities and shareholding pattern, details […]
As a part of Annual Filing, Companies incorporated under the Companies Act 1956 or Companies Act 2013, are required to file the following E-Forms with the Registrar of Companies (ROC) 1. Form DPT-3 :- DPT-3 is annual return which is required to be filed every year by Companies having any amount of loan or advances, […]
How to decide various dates for Annual report and for Annual filing including for financial year 2019-20 1) First draft un- audited Financial Statements are prepared as per section 128, 129 & 130 2) As per section 173, Then Board meeting is called by serving atleast 14 days notice for signing of draft Un-audited Financials […]
We know very well that the provisions of the Companies Act, 2013 (Act, 2013), and the rules framed thereunder, mandate companies to file requisite documents, including Annual Returns and Financial Statements, with the concerned Registrar of Companies (ROC) of their jurisdiction. Accordingly, every Company is required to file its Annual Accounts and Annual Return as […]
What is Annual Filing? Annual filing has no definite or fixed definition or explanation. It is a general term used by stakeholders/ professionals in regard to company for filing the mandatory forms to concerned department like Registrar of Companies, Income Tax Department, GST, etc. for containing all the major working of the company. This annual […]
ICSI has made a representation to Ministry of Corporate Affairs and requested for extension of due dates of Companies Fresh Start Scheme, 2020 (CFSS- 2020), LLP Settlement Scheme, 2020, Scheme for relaxation of time for filing forms related to creation or modification of charges under the Act, Holding Board Meeting through Video Conferencing and Companies […]
Applicable Sections under Companies Act, 2013 related to Annual Filing with Brief Overview Section 92 [Sub-section (1), (3), (4)] : This section deals with the annual return of the company. Every company needs to file an Annual Return with ROC within 60 days from the date of AGM of the company in e-Form MGT-7. Section 92(2) : This sub-section […]
We wish to submit that the provision of Section 137(1) of the Companies Act, 2013 requiring filing of financial statement within thirty days of the date of annual general meeting may be considered for amendment by prescribing a period of sixty days for such filing, aligning it with the date of filing of annual return.
It is once again requested that a general extension for the date of conducting AGMs may be allowed so as to provide relief to all the companies and stakeholders The MCA may also consider filing of e-Form GNL -1 for seeking extension of time in holding of AGM through STP mode, so as to speed up the approvals.
A provision of Section 285BA has been inserted by the Finance Act, 2003 w.e.f. 01.04.2004, which was later on substituted by the Finance (No.2) Act, 2004 w.e.f. 01.04.2005.
