Can we file revised mgt 7?

Last Update: May 30, 2022

This is a question our experts keep getting from time to time. Now, we have got the complete detailed explanation and answer for everyone, who is interested!

Asked by: Archibald Moen
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In case of Annual return, You can file fresh MGT-7, if earlier one was defective. So the latest one shall be considered for records. For Revision of AOC-4, you should contact the concerned ROC with an application.

Can revised MGT 7 be filed?

Yes, revised filing of all Annual filing eForms except Form 23AC/ACA and Form 23AC-XBRL/ 23ACA-XBRL can be done in respect of the Forms already filed but the fees for subsequent revised filing shall be charged, assuming it as a new filing.

Can MGT 7 be filed twice?

Yes, the company can file the MGT-7 annual return but the DSC of the defaulted director can not be used for signature.

What is the due date for filing MGT 7?

The company required to file the form MGT 7 within 60 days form the Annual General Meeting date. The last date for conducting annual general meeting is on or before the 30th day of September after closing of every financial year.

Is MGT 7 mandatory?

It is mandatory compliance for all registered companies to file the annual return in Form MGT-7. MGT-7 is an electronic form provided by the Ministry of Corporate affairs to all the corporates in order to fill their annual return details.

How to Revise AOC-4 / MGT-7?

25 related questions found

What is the difference between MGT 7 and MGT-9?

As per Section 92, the extract of Law:-

MGT-9 must be prepared & annexed with Directors Report by the company. Annual Return form MGT-7 must be published by the company on its website and the link for the same shall be provided with the company's Director's Report.

What is form MGT 7A?

Form MGT-7A is the form prescribed for Annual Return of One Person Company and Small companies. This form is applicable in respect of Annual Return for the F.Y. 2020-21 and onwards of OPC and small companies. All other companies shall continue to file their Annual Return in Form No. MGT-7.

Is MGT 9 compulsory?

In accordance with the general practices, every company is required to prepare the extract of the annual return in Form MGT-9 and that too before the preparation of actual Annual Return in E-form MGT-7 which is submitted to ROC within 60 days of AGM.

When should annual return be filed?

The due date for filing annual return of a company is within sixty days from the date on which the annual general meeting of the Company is held. Annual General Meeting of a company must be held within 9 months of closing of accounts of a company, in case of first year of operations of a company.

What is the due date for filing of annual return with ROC?

To be filed 30 days from the conclusion of AGM. Specified companies should file the financial statements with the ROC. To be filed within 60 days from the conclusion of AGM. Every company should file an annual return, furnishing details about the company.

Is it compulsory to file MGT 14?

Private companies are not required to file MGT-14 for matters specified in section 179(3) of the Companies Act 2013 read with rule 8 of the Companies (Meetings of Board and its Powers) Rules 2014.

What is form AOC 4 and MGT 7?

e-Form MGT-7 is used to file the Annual Return of the company. e-Form AOC-4 and MGT-7 should be filed within the period of 30 and 60 days, respectively from the date when the Annual General Meeting (AGM) is held. ... Delayed filing of this Form also results in higher government fee for filing Form AOC-4.

What does annual return mean?

The annual return is the return that an investment provides over a period of time, expressed as a time-weighted annual percentage. ... The rate of annual return is measured against the initial amount of the investment and represents a geometric mean rather than a simple arithmetic mean.

What is MCA annual return?


Annual Return:Form 20B to be filed by Companies having share capital. Annual Return: Form 21A to be filed by companies without share capital. Compliance Certificate:Form 66 to be filed by Companies having paid up capital of Rs. 10 lakh to Rs.

What is the full form of ROC?

The Registrar of Companies ( ROC ) is an office under the Ministry of Corporate Affairs (MCA), which is the body that deals with the administration of companies and Limited Liability Partnerships in India. At present, 25 Registrar of Companies (ROCs) is operating in all the major states/UT's.

What are the consequences of not filing annual return with ROC?

If the company fails to file the ROC Filing, the company as well as the directors are liable to the penalties and the consequences for non-filing. The company and the officers who are at fault are liable to pay a penalty of Rs. 50,000. In case if there is further failure in filing the annual return, then a fine of Rs.

What happens if annual return not filed?

The penalty for not filing a companies annual return (Form MGT-7 and Form AOC-4) is set to be increased to Rs. 200 per day. Thus, for a company that files its annual return 9 months after its due date, the penalty would be Rs. 54,000 compared to a penalty of Rs.

Who signs annual return?

Annual Return shall be signed by a director and the Company Secretary of the Company or in case of absence of the Company Secretary by a Company Secretary in Practice. Provided that in the case of a small company or an OPC not having a company secretary, the annual return shall be signed by the director of the company.

Who Must File Gstr 9 annual return?

All the regular taxpayer registered under GST and having an annual turnover of more than Rs. 2 crore should file GSTR-9 or GST Annual Return. The only category of GST registered entities not required to file GSTR-9 filing are input service distributors, casual taxable persons and non-resident taxable persons.

Which companies are required to prepare MGT-9?

Every Company is required to attach MGT-9 with Directors Report and have to file in e-form AOC-4 with Registrar of Companies. Old Provisions: As per Section 92(3), An extract of the annual return in such form as may be prescribed (i.e. MGT-9) shall form part of the Board's report.

Why is Mgt 8 needed?

According to Section 92(2) of the Companies Act, 2013 read with rule 11(2) of Companies ( Management and Administration) Rules 2014, the annual return of a listed company or a company having paid-up share capital of Rs 10 crore or more and a turnover of Rs 50 crore or above will be certified by the company secretary in ...

What is form MGT 11?

Provided that a member holding more than ten percent, of the total share capital of the Company carrying voting rights may appoint a single person as proxy and such person shall not act as proxy for any other person or shareholder. (3) The appointment of proxy shall be in the Form No. MGT. 11.

What is form no AOC 4?

Form AOC 4 is used to file the financial statements for each financial year with the Registrar of Companies (ROC). In the case of consolidated financial statements, the company shall file the AOC 4 CFS.

What is Small Company as per Companies Act?

A 'small company' is defined as a company, other than a public company whose paid-up share capital does not exceed Rs. 50 lacs or such higher prescribed amount which shall not be more than Rs. 10 crores, and whose turnover of the preceding financial year does not exceed Rs.