Filing of mgt 14 for newly company incorporated under 1956

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CA SONIYA AGARWAL (Querist)

05 March 2015 what is the requirement of filing of MGT 14 in case of newly incorporated private company under old companies act 1956 , disclosure of director interest , since it is a newly incorporated company , the first audit of it will be for period of feb 2014 to march 2015 ( i.e. 14 months ) , but so far company has not filled any mgt 14 for disclosure of director interest , since it thought that when audit will take place then its filing will also be done , are company liable for any penalty or additional fees for non filing of MGT 14 so far ??

CS Mitesh Mehta

CS Mitesh Mehta (Expert)

05 March 2015 Section 117 is notified from 1st April, 2014, there is no requirement for filling the Form MGT-14 for resolution passed on or before 31st March, 2014

However certain resolution passed after 01/04/2014 required to be passed at the board meeting need to be filed in MGT 14 within 30 days

You may refer the link below:

https://taxguru.in/company-law/resolutions-required-filed-companies-act2013-form-mgt-14.html

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