Penalty for non-filing of AOC-4 & MGT-7 within due date

CS Divesh Goyal | Last updated: 02 November 2022

Save Share

Quick Summary

Companies are legally required to file their financial statements (AOC-4) within 30 days and annual returns (MGT-7) within 60 days of their Annual General Meeting. Failure to meet these deadlines can result in significant penalties. Non-compliance with Section 92 (Annual Return) and Section 137 (Financial Statement) of the Companies Act, 2013, incurs penalties for both the company and its defaulting officers, with additional daily charges for continued failure.

SHORT SUMMARY As per Section 92 and 137 every Company, Shall file Annual Return within 60 days from the date which the Annual General Meeting held. Shall file financial statement along with other documents in AOC-4 within30 days from the date which the Annual General Meeting held; Ho

Daily Limit Reached

You have reached your daily limit of 2 Free Articles

Subscribe to CCI PRO for unlimited access

Why Upgrade to CCI PRO?

No Ads
WhatsApp Community
Daily E-Newsletter
Unlimited Articles Access
Profile Visitors
Link Social Profiles
Featured Job Posts
Pro Badge
Expert GST Guidance
Unlimited Forum Replies
Download Content in PDF

BEST VALUE

2 YEAR PLAN

3,499

(Excl. of GST ₹629)

1 YEAR PLAN

1,999

(Excl. of GST ₹359)

3 MONTHS PLAN

999

(Excl of GST ₹179)

View all CCI PRO benfits

Already a PRO member? Login here for an ad-free experience.

8982 Views Comment Share Corporate Law Report

About the Author

CS Divesh Goyal

Practicing Compnay Secretary

CAREER PROFILE He is a Fellow Member of the Institute of Companies Secretaries of India having intense expertise in Corporate Law for the last 8 years. He is a young and progressive Practicing Company Secretary with zeal to dig deep into the nuances of Corporate Laws. Being a researcher at heart, he has done ... Read more

View Articles

Comments :