AOC - 4

I have one query
If AOC 4 & MGT 7A of FY 2022-23 has not been filed, then whether Co. can file AOC 4 & MGT 7A of FY 2023-24 without filing
previous year forms.


Whether we can file AOC -4 of previous years later on
Replies (3)
Quick Summary
If your company hasn't filed AOC 4 and MGT 7A for the 2022-23 financial year, you cannot file the forms for 2023-24 until the previous year's are submitted. The Companies Act mandates sequential filing. To resolve this, file the overdue 2022-23 forms first, including any late fees, and then proceed with the 2023-24 filings. While you can file previous years' AOC 4 forms later, expect additional fees and potential penalties for the delay.

No, the company cannot file AOC-4 and MGT-7A for FY 2023-24 without filing the previous year's forms (AOC-4 and MGT-7A for FY 2022-23). Reason: - The Companies Act, 2013, and the Companies (Accounts) Rules, 2014, require companies to file annual returns and financial statements in a sequential manner. - Filing for the current year (FY 2023-24) is dependent on the previous year's filings being up-to-date. To resolve this: 1. _File overdue forms_: File AOC-4 and MGT-7A for FY 2022-23 as soon as possible, along with any additional fees for the delay. 2. _Regularize the filings_: Once the previous year's forms are filed, you can then file AOC-4 and MGT-7A for FY 2023-24. Note: There may be additional compliance issues or penalties for the delay, so consult a chartered accountant or company secretary for guidance. Regarding filing AOC-4 for previous years later: - Yes, you can file AOC-4 for previous years later, but: - Additional fees will apply for the delay. - You may face penalties or legal issues if the delay is significant. - It's essential to regularize the filings to avoid any future compliance issues.

Whether FY 2023-24 can be filed now and FY 2022-23 can be filed later on to regularise

Yes. The company can generally file AOC-4 and MGT-7A for FY 2023-24 even if the FY 2022-23 forms remain unfiled. MCA filings are made for each financial year, and the earlier year’s default does not ordinarily block submission of the subsequent year’s forms. The FY 2022-23 forms can also be filed later, subject to applicable additional fees and any other consequences of delayed filing.

Ensure the FY 2023-24 forms are prepared using the correct year’s financial statements and annual-return information, and check the company’s filing status and current MCA portal requirements before submission. This workflow is easier to manage when annual accounts, board and AGM records, and year-wise filing details are kept aligned. Manual practice work is difficult; automation reduces repetitive work while professional judgment remains in control. At Jir AI, our 2,000+ AI agents and 650+ integrations streamline GST, ITR, TDS, TCS and other compliance workflows, helping reduce manual workload by up to 70%. For a walkthrough tailored to your compliance workflow, connect with us on WhatsApp: https://wa.me/message/3HVOZ7HIY4ESC1

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