Every company needs to file its financial statements and mandatory attachments, via e-Form AOC-4 within the prescribed time limit as per section 137 of Companies Act, 2013. In case financial statements are not adopted in AGM then un-adopted financial statements shall be filed within 30 days of date of AGM (due date of AGM if AGM not held or extended due date if any).
Form AOC-4 is a document required for filing financial statements with the Registrar of Companies (RoC) in India as per the Companies Act, 2013. It is filed by companies that are registered under the Act, including private limited, public limited, and one-person companies. The financial statements typically include the Balance Sheet, Profit and Loss Account, Cash Flow Statement, and other related documents.
Total five types of AOC-4 forms are to be filed depend upon nature of guidelines applicable. Here's a general overview of Form AOC-4:
The primary purpose of Form AOC-4 is to provide the RoC with the financial information of the company for a specific financial year. It helps ensure transparency and compliance with accounting standards.
The form generally includes the following information and documents:
- Financial Statements: The company's audited financial statements, including the Balance Sheet, Profit and Loss Account, Cash Flow Statement, and notes to accounts.
- Auditor's Report: The report of the company's statutory auditors on the financial statements.
- Director's Report: A report by the Board of Directors to shareholders, including information on the company's operations, performance, and other relevant details.
- Corporate Governance Report: Details related to corporate governance practices followed by the company.
- Attachments: Any other relevant documents as required by the Companies Act and applicable accounting standards.
Form AOC-4 must be filed within 30 days from the date of the annual general meeting (AGM) of the company and within 180 days from the close of the financial year for OPC.
The form can be filed online through the Ministry of Corporate Affairs (MCA) portal (www.mca.gov.in). Companies are required to create an account on the MCA portal and submit the form electronically.
Penalties for Non-compliance
Failure to file Form AOC-4 within the prescribed time can result in penalties and non-compliance issues for the company and its directors.
Please note that the specific requirements and deadlines for Form AOC-4 may change over time, so it's crucial to refer to the latest guidelines and notifications from the Ministry of Corporate Affairs (MCA) or seek professional advice to ensure compliance with current regulations. Additionally, the form may have been updated or modified after my last knowledge update.