What are forms AOC-4 and MGT-7?

What are forms AOC-4 and MGT-7? Are these important forms for a company?

These are forms to filled and submitted to Register of companies (ROC).

  • AOC-4 = it is all about balance sheet items and values
  • MGT-7 = it is all about BOD Meetings & capital hold by promoters & Members.

These forms are to mandatory to be filed by all companies with ROC which should be filled within the due date.

  • The due date for AOC-4 is within 30 days of AGM.
  • The due date for MGT -7 is within 60 days of AGM

If it is not filed within the due date

9 months imprisonment Or  50,000 to 5,00,000 penalty Or Both

Note: The above-mentioned penalties is applicable even you not filled annual return within 270 days of due. If you filed within 270 days there may be some late fee charges that’s it.

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