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Form MGT-7 is an E-form used by all the companies registered under the Companies Act,2013 to file their annual return. Form MGT-7 is available on the Ministry of Corporate Affairs(MCA) website. Form MGT-7 is also maintained by the Registrar of Companies(ROC) in electronic mode and based on the statement of correctness given by the company.<\/p>\n\n\n\n
All companies registered under the Companies Act,2013 are required to file Form MGT-7 before the due date whether the company is public or private. In case of failure to file the form within the prescribed time limit penalty would be levied.<\/p>\n\n\n\n
The penalty for not filing an annual return is Rs.100\/per day of default.<\/p>\n\n\n\n
Every company shall prepare an annual return in the form of MGT-7 containing the details of the company as on the last day of the financial year. These details include details regarding:<\/p>\n\n\n\n
Scanned copy of documents which are required to be attached with the form include:<\/p>\n\n\n\n
Annual general meeting(AGM) of the company is required to be held within six months from the last date of the financial year and Form MGT-7 should be filed by the company within 60 days from the date of the Annual General Meeting(AGM). Therefore, a company must conduct an annual general meeting(AGM)on or before the 30th of September following the close of every financial year and the last date for filing form MGT-7 is 29th of November every year. The due date can be extended by the government of India.<\/p>\n\n\n\n
The fee for the filing of Form MGT 7 is dependent on the nominal share capital of a company. If a company is having Share Capital of less than 1, 00,000 Form MGT 7 filing fee would be Rs.200. Companies that don\u2019t have a share capital, the Form MGT 7 Filing Fee is Rs.200. The following is the fees:<\/p>\n\n\n\n If the form is filed late then an additional fee as penalty along with the normal fees is to be paid. The additional fees are as follows:<\/p>\n\n\n\n <\/p>\n","protected":false},"excerpt":{"rendered":" What Is Form MGT-7? Form MGT-7 is an E-form used by all the companies registered under the Companies Act,2013 to file their annual return. Form MGT-7 is available on the Ministry of Corporate Affairs(MCA) website. Form MGT-7 is also maintained by the Registrar of Companies(ROC) in electronic mode and based on the statement of correctness<\/p>\nNominal Share Capital<\/strong><\/td> Nominal Fees Applicable (in Rs.)<\/strong><\/td><\/tr> Less than 1,00,000<\/td> Rs. 200<\/td><\/tr> 1,00,000 to 4,99,999<\/td> Rs. 300<\/td><\/tr> 5,00,000 to 24,99,999<\/td> Rs.400<\/td><\/tr> 25,00,000 to 99,99,999<\/td> Rs.500<\/td><\/tr> 1,00,00,000 or more<\/td> Rs.600<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n Late Filing Fees of Form MGT-7<\/strong><\/h3>\n\n\n\n
Period of delays<\/strong><\/td> Fees applicable<\/strong><\/td><\/tr> Up to 30 days<\/td> 2 times of normal fees<\/td><\/tr> More than 30 days and up to 60 days <\/td> 4 times of normal fees<\/td><\/tr> More than 60 days and up to 90 days<\/td> 6 times of normal fees<\/td><\/tr> More than 90 days and up to 120 days<\/td> 10 times of normal fees<\/td><\/tr> More than 180 days <\/td> 12 times of normal fees<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n