The Ministry of Corporate Affairs (MCA) has extended the due date of annual filing e-form AOC-4 and e-form MGT-7 by the companies incorporated under Union Territories of Jammu & Kashmir and Ladakh.
The MCA has relaxed the additional fees and extension of the last date in the Filling of forms MGT-7 (Annual Returns) and AOC-4 (Financial Statement) under the Companies Act, 2013- UT of J&K and UT of Ladakh. The Companies can file Form MGT 7 and AOC 4 within the newly prescribed due date without any penalties or additional fees being levied from the government’s side.
In a Circular issued by MCA said that “ln continuation to General Circular No.03/2020 dated 31.03.2020 and keeping in view of the requests received from various stakeholders stating that due to disturbances in internet services and the normal work was affected in the UT of J&K and UT of Ladakh and sought extension of time for filing of financial statements for the financial year ended 31.3.2019. Therefore, it has been decided to further extend the due date for filing of e-form AOC-4, AOC-4 CFS, AOC4 XBRL, and e-form MGT-7 up to 30.06.2020, for companies having jurisdiction in the UT of J&K and UT of Ladakh without levy of additional fee”.