RD1 approval
This query is : Resolved
04 April 2026
1. Can a LO of a Foreign Company adopt a Calendar Year without approval of RD.
2. MCA V3 portal does not allow a FCRN of a LO to post RD1 on the Portal. (is that correct)
3. FC4 of with a calendar year has been accepted and approved by the MCA, can this be relied upon as acceptance of calendar year by the LO.
4.RD is refusing physical submission of RD1 for a LO.
5. Can we say that since a foreign company is governed by Chapter XX11 and under section 381 a foreign Company must file its financial statements within 6 months of the end of the financial year to which it relates, suggests that a foreign company is allowed to follow a financial year different from what is provided in section 2 (41) that is a April to March year
2. MCA V3 portal does not allow a FCRN of a LO to post RD1 on the Portal. (is that correct)
3. FC4 of with a calendar year has been accepted and approved by the MCA, can this be relied upon as acceptance of calendar year by the LO.
4.RD is refusing physical submission of RD1 for a LO.
5. Can we say that since a foreign company is governed by Chapter XX11 and under section 381 a foreign Company must file its financial statements within 6 months of the end of the financial year to which it relates, suggests that a foreign company is allowed to follow a financial year different from what is provided in section 2 (41) that is a April to March year
04 April 2026
1. RD approval is mandatory for calendar year adoption.
2. Portal limitation is a genuine issue, but does not remove compliance requirement.
3. You may:
Raise grievance on MCA portal
Write to RD explaining technical issue
Keep documentation as evidence of attempt
2. Portal limitation is a genuine issue, but does not remove compliance requirement.
3. You may:
Raise grievance on MCA portal
Write to RD explaining technical issue
Keep documentation as evidence of attempt
04 April 2026
RD approval required → Yes (mandatory)
Portal issue → Real but not a relaxation
FC-4 acceptance → Not valid approval
Physical filing → Generally not allowed
Sec 381 vs 2(41) → No override
Portal issue → Real but not a relaxation
FC-4 acceptance → Not valid approval
Physical filing → Generally not allowed
Sec 381 vs 2(41) → No override
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