Corp Affairs Min extends deadline for annual filings to Dec 30

New Delhi,

Dated :- 1/12/2015

Giving more time to stakeholders, the Corporate Affairs Ministry has extended the deadline for companies to submit their annual returns and financial statements till December 30.

The previous deadline for making these filings ended on November 30.

"Keeping in view requests received from various stakeholders, it has been decided to relax the additional fees payable on e-forms AOC-4, AOC (CFS) AOC-4 XBRL and MGT-7 up to December 30, 2015, wherever additional fee is applicable," the Ministry said in a circular issued on Monday.

The last date for submitting the filings has also been extended, it added.

Under the Companies Act, 2013, forms AOC-4, AOC-4 XBRL are for filing of financial statements while MGT-7 pertains to submitting annual returns to the Ministry.

Every company is required to prepare its annual return in the MGT-7 form.

This form is to be used for financial years ending after April 1, 2014 - the day when most provisions of the new companies law came into effect.

Corporate Affairs Ministry is implementing the Companies Act, 2013.