Small company - MGT 7

Deepanshu Garg (Student) (219 Points)

26 November 2022  
I initially registered as small company because my turnover was low, now my turnover has crossed Rs. 20 crore threshold.
My query is do i need to intimate it somewhere that my turnover has crossed threshold of Rs. 20 crore or do I need to update my CIN or anything else ?
This is because I am trying to file MGT 7 than an error is appearing that I am a small company so I can't fill MGT 7. Now, I also can't file MGT 7A because my turnover is more than Rs. 20 crore.

Please help.

Thanks