As a part of Annual Filing, Companies incorporated under the Companies Act 1956/Companies Act 2013, are required to file the following forms with the Registrar of Companies (ROC): Form AOC4 Form MGT 7

By on 12-11-2018

ANNUAL FILING OF COMPANIES

As a part of Annual Filing, Companies incorporated under the Companies Act 1956/Companies Act 2013, are required to file the following forms with the Registrar of Companies (ROC):

Form AOC4 : For filing Balance Sheet and Profit& Loss account 
Form MGT 7: For filing Annual Return

 FORM AOC-4:

 Form AOC-4 under The Companies Act 2013 corresponds to Form 23AC/ACA under The Companies Act 1956. Following points is to be kept in mind for filing of Form- AOC-4:

• Make sure that financial year selected is as per the provisions of the Companies Act, 2013
• Filing of this form is allowed only for the financial years starting on or after 1st April 2014.

Note : Other Disclosures which were not required to be made earlier in annual filing forms are as follows :

• Reporting of Corporate Social Responsibility
• Disclosure about Related Party Transactions
• Secretarial Audit Report
• Board’s Report

FORM MGT-7:

 Section 92 under the Companies Act ,2013 defines the Annual return which is a yearly statement, required to be filed by every company irrespective of their nature or status, which highlights the information about company’s various aspects pertaining to its composition, activities, and financial position.Provided Every company is legally obligated to file annual return in Form MGT-7

MCA vide General Circular No.10/2015 dated 13th July, 2015 extended the time to file following Forms:

• AOC-4, AOC-4 (XBRL) and 
• MGT-7