GRAFFITI #1
AMENDMENTS TO ANNUAL RETURN UNDER COMPANIES ACT:
Brief Background on Annual Return under Companies Act, 2013:
An annual return is a yearly return to be filed by all the companies with the Registrar of Companies, certifying the compliances under the provisions of companies act and in which the companies are required to make detailed disclosures such as details of shareholders and directors and the changes to the shareholding & directorship during the financial year, the dates of Board and general meetings and attendance of directors and shareholders and various other disclosures.
This annual return is required to be filed with the Registrar of Companies in e-Form MGT-7, within a period of sixty days from the conclusion of annual general meeting or sixty days from which such annual general meeting should have been held.
Amendments with respect to annual return:
The Ministry of Corporate Affairs on 5th March 2021, has notified certain amendments (“Amendment”)
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