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mgt-9 and its connectivity

himanshu singh (27 Points)

01 November 2018

how mgt-9 and section 36 and 27 are related as mentioned by cs jigar saha

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Vibha Trivedi (437 Points)
Replied 02 November 2018

CS Jigar Sir has mentioned Section 27 and Section 36 of the Companies (Amendment) Act, 2017 in his article.

They are related to MGT 9 because these sections of the Companies( Amendment) Act, 2017 talk about substitution of provision related to MGT 9 with the requirement of web address of annual return.

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himanshu singh (27 Points)
Replied 02 November 2018

thank you for considering my query but still I am not able to understand relation between mgt 9 and section 27 and section 36

Vibha Trivedi (437 Points)
Replied 02 November 2018

CS Jigar Sir is talking about section 36 and 27 of Companies( Amendment )Act, 2017. He is not talking about Section 36 and 27 of Companies Act, 2013.

And Section 36 and 27 of Companies(Amendment)Act, 2017 are related to MGT 9 in the sense that these section have done away the requirement of MGT 9 as was earlier required ( Section 27 of the Companies (Amendment) Act, 2017 amends section 92(3) of the Companies Act, 2013 and Section 36 of the Companies (Amendment )Act, 2017 amends Section 134(3)(a) of the Companies Act, 2013 which are related to extract of Annual return or MGT 9)

Yes, of course,as section 92(3) of the Companies Act, 2013 is not yet notified, MGT 9 is still relevant.