Company Annual Filing

File your company’s Annual returns with us

meaning of Company Annual Filing

Every company is required to file the annual accounts and annual return as per The Companies Act, 2013 within 30 days and 60 days respectively from the conclusion of the Annual General Meeting. The ROC filing of annual accounts is governed under Section 129(3), 137, of The Companies Act, 2013 read with Rule 12 of the Company (Accounts) Rules, 2014 and annual return is governed under Section 92 of the Companies Act,2013 read with Rule 11 of the Companies (Management and Administration) Rules, 2014.

Which forms are required to be filed?

Basically Company Annual Filing consists of filing of two forms viz. AOC-04 and MGT-07/MGT-7A. AOC-4 is a form for filing of financial statement of company along with audited financial statements and MGT-07 is a form of company’s annual returns consists of information like number of meetings held in a previous year, if any directors or auditors appointed/removed during the previous financial year and so on. Small companies are required to file Form MGT-7A instead of MGT-7. The information to be provided in form MGT-7 and MGT-7A are almost similar but in form MGT-7A the information are comparatively lesser than that of MGT-7.

Due Date Of Company Annual Filing:

AOC-4: The company is required to file the form AOC-4 within 30 days from the Annual General Meeting date. For example, for the year 2022-23, AGM held on 30 September 2023, AOC 4 must be filed by 30 October 2023 of the relevant year.

MGT 7: The company is required to file the form MGT 7 within 60 days from the Annual General Meeting date. For example, for the year 2022-23, AGM held on 30 September 2023, MGT 7 must be filed by 29 November 2023 of the relevant year.

What if I do not file this forms?

Delay beyond the period provided under Section 137(1) of the Act – Rupees 100 per day

On Company: INR 1000 for every day of default subject to Max of INR 10 Lakhs

On Every Officer in default: INR 1 Lakh

plus

INR 100 for each day of default subject to Max of INR 5 Lakhs

Get all your answers here

IS IT MANDATORY FOR EVERY COMPANY TO DO COMPANY ANNUAL FILING?

YES, it is mandatory for every company to do annual filing by filing prescribed forms within prescribed time.

IS MANDATORY TO GET ACCOUNTS AUDITED BEFORE COMPANY ANNUAL FILING?

YES , You are required to attach audited financial statements with Form AOC-04. Thus, it becomes mandatory to get your accounts audited.

WHO NEEDS TO CERTIFY AOC-04 & MGT-07?

Any director of company and a practicing professional Like CA or CS can certify AOC-04 and MGT-07. When the company is other than small company then MGT-07 is mandatorily required to be certified by practicing company secretary.

WHAT ARE THE ATTACHMENTS OF MGT-07?

List of shareholders, debenture holders Approval letter for extension of AGM; Copy of MGT-8; Optional Attachment(s), if any

WHAT IS THE DUE DATE FOR FILING MGT-07?

Form MGT-7 is to be filed within 60 days from the date of Annual General Meeting of the company

IS IT MANDATORY TO HOLD BOARD MEETING?

YES, Atleast 4 meeting in a year is required to be held by any company in a year. The gap between two meeting shall not be more than 120 days.

IS IT MANDATORY TO DO ANNUAL RETURN EVEN IF MY COMPANY HAVE NOT DONE ANY TRANSACTION OR BUSINESS?

YES, Even if your company have not done any business during the previous financial year then also you are required to do annual filing?

WHICH FORMS ARE BASIC FORM TO BE FILED IN ANNUAL FILING?

Basic forms are AOC-04 and MGT -07 to be filed in annual filing.

WHAT ARE THE ATTACHMENTS OF AOC-04?

Balance Sheet with its Notes Profit and Loss Statement with its Notes Cash Flow Statement. Statement of Change in Equity. Reports from the Auditor Reports from the Board Corporate Social Responsibility Report, if Any Statement of Subsidiaries in Form AOC-1, if Any Other Relevant Documents, if Any Required

WHAT IS THE DUE DATE FOR FILING AOC-04?

AOC-04 needs to be filed within 30 days of a company’s annual general meeting.

IS IT MANDATORY TO HOLD ANNUAL GENERAL MEETING ONCE IN A YEAR?

YES, it is mandatory for every company to hold annual general meeting once in a year.