05 August 2009
A Company was incorporated on 5th of March, 2007. The Annual Accounts and Annual Return of the company were not filed till now. How can we file the same for this year? What is the period for which we have to file the Annual Accounts and Annual Return now? can you please advise me int his regard?
As per section 159 Annual Return should be filed with in 60 days from the date of AGM of the Company and as per Section 220 Annual Accounts Should be filed with ROC with in 30 days of adoption in AGM.
In case of non filing of the same with in time limit then there is no need to worry. You may file the same now but you have to pay late filing fee as reflected in the challan generated on e-filing of Annual Accounts and Annual Return on MCA portal.