Regarding annual filling of forms for f.y. 2014-15
This query is : Resolved
14 August 2015
Dear Expert,
I have filed 23AC, 23ACA & 20B of my Company last year but now as the Company forms Changes, What Forms i have to file in regard to Annual Filling & What is AOC-4 & MGT-7 & i have filed ADT-1 or GNL-2 last year in which "The Auditor has been appointed for 5 Years" so, i have to filed again ADT-1 for Auditor Appointment, Please Clarify the same as soon as possible.
I have filed 23AC, 23ACA & 20B of my Company last year but now as the Company forms Changes, What Forms i have to file in regard to Annual Filling & What is AOC-4 & MGT-7 & i have filed ADT-1 or GNL-2 last year in which "The Auditor has been appointed for 5 Years" so, i have to filed again ADT-1 for Auditor Appointment, Please Clarify the same as soon as possible.
20 July 2025
Let’s clarify your query regarding annual filings for the financial year 2014–15, the new forms (AOC-4, MGT-7), and auditor appointment via ADT-1.
✅ 1. Forms for Annual Filing (Post-Companies Act, 2013)
The Companies Act, 2013 changed several filing requirements and forms. Here's how it applies to F.Y. 2014-15 onwards:
Purpose Old Form (pre-2014) New Form (2014-15 onwards)
Filing Financial Statements 23AC & 23ACA AOC-4
Filing Annual Return 20B MGT-7
Auditor Appointment Filed through GNL-2 ADT-1
🟨 2. New Forms Explained
AOC-4: Used to file the company's financial statements (including balance sheet, P&L, audit report, etc.).
Due Date: Within 30 days of the AGM.
MGT-7: Used to file the annual return of the company (including shareholding pattern, directors, etc.).
Due Date: Within 60 days of the AGM.
These replaced 23AC/23ACA and 20B from FY 2014-15 onwards.
🟩 3. About ADT-1 (Auditor Appointment)
You said:
"Auditor has been appointed for 5 years and ADT-1 or GNL-2 was filed last year."
Let’s clarify:
Under Section 139 of the Companies Act, 2013, an auditor is appointed for a term of 5 years (subject to ratification up to FY 2017-18; later, ratification was removed).
ADT-1 is to be filed once when the auditor is appointed for the 5-year term.
No need to file ADT-1 every year if already filed correctly for the 5-year term.
🔹 If ADT-1 was filed correctly last year (with mention of 5 years), you don’t need to file it again annually.
🔹 GNL-2 was earlier used to file auditor appointment, but that was replaced with ADT-1. From 2014–15 onward, ADT-1 is mandatory.
📝 Summary for F.Y. 2014-15
Filing Form Frequency Remarks
Financial Statements AOC-4 Annual Within 30 days of AGM
Annual Return MGT-7 Annual Within 60 days of AGM
Auditor Appointment (5 years) ADT-1 Once in 5 yrs No need to re-file if already filed
🔔 Recommendations
✅ For F.Y. 2014-15, you must file AOC-4 and MGT-7, not 23AC/ACA or 20B.
✅ If ADT-1 was already filed in 2014–15 for a 5-year term, no need to re-file.
❌ Do not use old forms (23AC, 20B, etc.) for 2014-15 or later years.
📂 Keep proof of filed ADT-1 for compliance record.
✅ 1. Forms for Annual Filing (Post-Companies Act, 2013)
The Companies Act, 2013 changed several filing requirements and forms. Here's how it applies to F.Y. 2014-15 onwards:
Purpose Old Form (pre-2014) New Form (2014-15 onwards)
Filing Financial Statements 23AC & 23ACA AOC-4
Filing Annual Return 20B MGT-7
Auditor Appointment Filed through GNL-2 ADT-1
🟨 2. New Forms Explained
AOC-4: Used to file the company's financial statements (including balance sheet, P&L, audit report, etc.).
Due Date: Within 30 days of the AGM.
MGT-7: Used to file the annual return of the company (including shareholding pattern, directors, etc.).
Due Date: Within 60 days of the AGM.
These replaced 23AC/23ACA and 20B from FY 2014-15 onwards.
🟩 3. About ADT-1 (Auditor Appointment)
You said:
"Auditor has been appointed for 5 years and ADT-1 or GNL-2 was filed last year."
Let’s clarify:
Under Section 139 of the Companies Act, 2013, an auditor is appointed for a term of 5 years (subject to ratification up to FY 2017-18; later, ratification was removed).
ADT-1 is to be filed once when the auditor is appointed for the 5-year term.
No need to file ADT-1 every year if already filed correctly for the 5-year term.
🔹 If ADT-1 was filed correctly last year (with mention of 5 years), you don’t need to file it again annually.
🔹 GNL-2 was earlier used to file auditor appointment, but that was replaced with ADT-1. From 2014–15 onward, ADT-1 is mandatory.
📝 Summary for F.Y. 2014-15
Filing Form Frequency Remarks
Financial Statements AOC-4 Annual Within 30 days of AGM
Annual Return MGT-7 Annual Within 60 days of AGM
Auditor Appointment (5 years) ADT-1 Once in 5 yrs No need to re-file if already filed
🔔 Recommendations
✅ For F.Y. 2014-15, you must file AOC-4 and MGT-7, not 23AC/ACA or 20B.
✅ If ADT-1 was already filed in 2014–15 for a 5-year term, no need to re-file.
❌ Do not use old forms (23AC, 20B, etc.) for 2014-15 or later years.
📂 Keep proof of filed ADT-1 for compliance record.
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