Form mgt-14

This query is : Resolved

ARTHI (Querist)
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11 June 2015 Dear Friends / Experts,

Please guide me on the following, IF POSSIBLE:

I noticed, MCA has given certain exemptions to private limited companies.

A few of our clients have not filed Form MGT-14 especially for Approval of Accounts, Directors Report, Disclosure of Directors Interest.

Query

Can we fully ignore filing Form MGT-14 for the events ‘prior to the date of MCA Notification’?

What may be the consequences, if filing of Form MGT-14 is ignored?

Your reply, please..............

Thanks in advance for possible replies from all concerned.

CS Mitesh Mehta

CS Mitesh Mehta (Expert)
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12 June 2015 Vide Notification No. GSR 206(E) [F.NO. A-1/32/2013-CL-V-PART] dated 18.03.2015 no need to file MGT 14 for approval of accounts, directors interest & disclosure of director interest.

It is applicable w.e.f. from 18.03.2015. Any event prior to that date of notification need to be filed with ROC in MGT 14