Mgt-14 filing for approval of accounts in board meeting
This query is : Resolved
CA Vijay Kumar Singhal
(Querist)
22 February 2016
Whether a private limited co. is required to file Form MGT-14 for approval of financial statements by the board of directors in the the board meeting.
Ganeshbabu K
(Expert)
22 February 2016
As per Section 179(3)(g) Resolution to approve financial statement and the Board’s report, has to be filed with the Registrar within thirty days of passing of such resolution.
Therefore, in order to avoid late fee under the provisions of the Companies Act’2013, the resolution approving the financial statements and the Board’s Report has to be filed in MGT-14, within 30 days of such approval
Therefore, in order to avoid late fee under the provisions of the Companies Act’2013, the resolution approving the financial statements and the Board’s Report has to be filed in MGT-14, within 30 days of such approval
22 February 2016
No need to file. Please see notification GSR 464(E) dated 5.6.2015.
Message likes :
5 times
Ganeshbabu K
(Expert)
23 February 2016
Thanks for correcting me sir.
Yes, only private companies have been exempted from filing resolutions u/s 179(3)
Yes, only private companies have been exempted from filing resolutions u/s 179(3)
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Reward for festival
- 18% Rent a cab
- Clarification on GST, TDS, and Accounting Provisions for Import/Export Commission Agents,profes. ser
- Clarification on GST, TDS, and Accounting Provisions for Import/Export
- Rectification under processing even after 6 months cpc portal
- ARCA LOGIN
- TDS Return Statement Status
- RCM and same line
- Movement of goods by packers and movers - type of sale - Reg.
- Appointment of Auditor By Form ADT-1
- Gratuity paid to legal heir above 20 lakh is taxable or not
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
