Extension of Due Date upto 30th December,2015 for annual RoC Filings

The Ministry of Corporate Affairs (MCA) gives businesses an opportunity to meet the mandatory annual compliances for FY 2014-15 yet again. Ministry of Corporate Affairs through General Circular No.15/2015 has extended the due date for filing of the Form AOC-4 and MGT 7 upto 30th December, 2015. Further, keeping in view the request received from various stakeholders, it has been decided to relax the additional fee payable on the said forms upto 30th December, 2015.  

This is not the first time that the due date has been extended. The due date for filing of form AOC-4 with the Registrar of Companies (ROC) under the Ministry of Corporate Affairs (MCA) was 30th October 2015. However, there were several technical issues with the forms and the filing portal of MCA, restricting the filings of the same. As a result,the due dates had been extended to 30th November,2015. However, even after repeated attempts, the MCA seems to have been still struggling with technical issues in the forms, especially in Form MGT 7.

For eg: in Form MGT 7, the segment for reporting of Board minutes of meeting is faulty. In case of OPCs having only one director, this field should either be “not applicable” or should have enable reporting of “zero” meetings. This is beacuse, the provisions for Board meetings are not applicable for OPCs having one director only. However, the current programming of the form allows neither. It does not also allow users to leave the form blank. When complaints were raised with MCA with all these issues, there was no solution from their side due to the huge pendency of compliant tickets at their end.

Hence, we can say that this extension was very much in the cards. Apart from the extension, it is also expected that the MCA would come up with handy solutions for these problems and introduce new and improved forms.

Click here to download the circular: Extension of Due Date upto 30th December,2015 for annual RoC Filings

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