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Relaxation of additional Fees and extension of last date of in filing AOC-4, AOC-4(XBRL), AOC-4(CFS) and MGT-7 under the Companies Act, 2013

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01 Aug 2016 News And Updates
MCA

MCA UPDATE

Relaxation of additional Fees and extension of last date of in filing AOC-4, AOC-4(XBRL), AOC-4(CFS) and MGT-7 under the Companies Act, 2013

The Ministry has revised Form AOC-4 which would be deployed shortly, Further Form AOC-4 (XBRL) , AOC-4 (CFS) are also under revision and this may be available for deployment by end of August, 2016.

As per the provisions of Companies Act, 2013, the Financial Statements and Annual Returns will have to be filed by the Companies within 30 days and 60 days from the conclusion of Annual General Meeting or the last day by which Annual General Meeting ought to have been held, as the case may be.

In the light of the above and keeping in view that some time could be required for companies to get familiarised with filing of the new forms, it has been decided to allow companies to file Financial Statements and Annual Returns on or before 29th October, 2016 where due date for holding of the AGM is on or after 01st April, 2016, without payment of additional fees.