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REVISED ANNUAL RETURN

Srikant (CA,CS,CMA,LLb,M.Com) (1289 Points)

25 August 2009

Whether Annual Return filed earlier can be revised in case anything wrong found by the Company on its own ? What is the Procedure, if it is possible to file Revised Annual return. Section 159 to 162 of COMPANIES ACT does not provide any such procedures. Can any body site the RULES in this regard or any case laws ? What about the penalties and fees ?

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13 Replies

(Guest)

hi, as per your ques we can file the revised annual return and pay another time fee for this.

Ajay Mishra (Company Secretary) (74332 Points)
Replied 25 August 2009

Dear Mr. Srikant

You can file revised Annual Return with concerned ROC.

khushboo (CS) (234 Points)
Replied 26 August 2009

SIR

REVISED 20B CAN BE FILED WITH APPLICABLE FEE.

1 Like

Srikant (CA,CS,CMA,LLb,M.Com) (1289 Points)
Replied 26 August 2009

Originally posted by :Srikant
"	Whether Annual Return filed earlier can be revised in case anything wrong found by the Company on its own ? What is the Procedure, if it is possible to file Revised Annual return. Section 159 to 162 of COMPANIES ACT does not provide any such procedures. Can any body site the RULES in this regard or any case laws ? What about the penalties and fees ?	"

my question is about suo moto revised Annual Return by the company on its own. Section159 to Section 162 of companoies act no where provides such provision. is there any other clarification ?

Arjun Mahadevan (Practising Company Secretary) (62 Points)
Replied 27 August 2009

Dear Srikant,

You have not mentioned the nature of defect discovered in the annual return warranting a revised filing. You can any way file a revised version as the fees will be calculated from the due date from the AGM to which it relates. The ROC may consider this as a delayed filing and not a revision.

arjun mahadevan

1 Like

Sandeep D Kelkar (Practicing Chartered Accountant) (37 Points)
Replied 26 May 2011

If we can revise ROC return, then still while filing form 23AC it is asking that you have already filed return for original SRN

Mohit Goyal (Practicing Chartered Accountant) (25 Points)
Replied 05 November 2011

Dear Friends,

I want to know whether a company is allowed to file a Suo moto revised annual return (20B, 23AC, 23 ACA), if the balance sheet of the company got revised. However the orignal return has been filed within the timelines. So can we file the revised annual rertun with revised balance Sheet??

Dipjyoti Majumdar (CA in service & CS. dipmaj@ rediffmail.com ) (3468 Points)
Replied 07 November 2011

Normally audited and adopted accounts in AGM cannot be revised except for technical points related to taxation laws -- ICAI compendium of Opinion.

Regards,

MEHUL SHAH (Auditing Taxation XBRL Training ) (440 Points)
Replied 08 November 2011

In case of one of the Company, a wrong Annual Return was mistakenly attached and 20B is filled in time and SRN is approved. Can we revise it ? and what is the procedure to do so..?

1 Like

Manali Agrawal (articled assistant) (145 Points)
Replied 23 May 2012

In case when wrong share holder name was mentioned in return of allotment and also in annual return wrong information was send now if want to change that name then is there any procedure to change the name of shareholder from the ROC's record.

pramod (Company Secretary in Practice) (149 Points)
Replied 23 May 2012

You can file revised Annual Return in Form 20B. Only thing is that BOTH Form 20B are maintained on record by MCA system. Hence if any stakeholders whenever take SEARCH he will find both Annual Return forms i.e. Form 20B.

Regards

Swagatam Khandelwal (Company Secretary) (107 Points)
Replied 25 May 2012

Yes, revised filing of all Annual filing eForms except Form 23AC/ACA can be done in respect of the Forms already filed but the fees for subsequent revised filing shall be charged, assuming it as a new filing. The necessary link given below

https://www.mca.gov.in/MCA21/faq_annualfiling1.html