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All About MGT 7 Form (MCA) with Due Date & Filing Fees

A Guide to MGT-7 Annual Return Form

What is the MCA MGT 7 Form?

The MGT 7 is a web form which is allocated to all companies by the Ministry of Corporate Affairs for filing details of their annual return. The Registrar of Companies maintains this e-form via electronic mode and on the basis of the statement of correctness given by the company.

It is a popular form among companies which are required to file the form as per the norms and regulations of the Ministry of Corporate Affairs.

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    Who Needs to File the MGT 7 Form?

    All the registered companies in India must file this e-form every year, doesn’t matter if the company is private or public.

    MGT 7 (MCA) Form Filing Fees

    The fee for the filing of the company’s annual return via MGT 7 is determined by the nominal share capital of a company. The MGT 7 form filing fee starts at Rs. 200 for the company with a Share Capital of less than 1,00,000.

    The fee amount increases with an increase in the share capital of the company. You can find the complete list here. The company must pay this fee when filing the annual return MGT 7 with the ROC. For companies not having a share capital, the MGT 7 Filing Fee is Rs. 200.

    Nominal Share Capital Normal Fee Applicable in Rupees
    Less than 1,00,000 INR 200
    1,00,000 to 4,99,999 INR 300
    5,00,000 to 24,99,999 INR 400
    25,00,000 to 99,99,999 INR 500
    1,00,00,000 or more INR 600

    Note: “Fee for filing (in case of a company not having a share capital) Rupees 200”

    Additional Fees in case of delay in filing of belated annual return or balance sheet/financial statement under the Companies Act, 1956 or the Companies Act, 2013 up to 30/06/2018:

    Period of DelaysFees
    Up to 30 days2 times of normal fees
    More than 30 days and up to 60 days4 times of normal fees
    More than 60 days and up to 90 days6 times of normal fees
    More than 90 days and up to 180 days10 times of normal fees
    More than 180 days and up to 270 days12 times of normal fees

    MGT 7 Form Late Filing Fees (MCA)

    In case of delay in the filing of the MGT 7 annual company return, a company is required to pay an additional fee as a penalty along with the normal fee. The MGT 7 late filing fee is INR 100 per day.

    What’s the Objective Behind Filing the e-Form MGT 7?

    The Form MGT 7 is filed for annual return however, it contains all the particulars as similar to appear in the closing of the financial year. These particulars hold details of :

    Read Also: ADT-1 Form Due Date and E-Filing Documents for First Auditor

    What are the Needed Attachments to File the MGT 7 Form?

    One can file this e-form by attaching the scanned copy of documents under the attachment head. This attachment section is provided at the end of the form, which requires given below following attachments:

    What is the Due Date for Filing the MGT 7 MCA Form?

    The company is required to file the form MGT 7 within 60 days of the Annual General Meeting date.


    Steps to File an MGT 7 Annual Return Form

    Step 1 Log in to the MCA V3 portal ⏩ Navigate to MCA Services ⏩ Company e-Filing ⏩ then select form MGT-7 Annual return other the OPCs and small companies under the annual filing category. Now V3 portal allows the web-based annual filing directly online or offline, a utility in which download the Excel template, fill in the data and upload it back to the form.

    Step 2 In the web form, fill in the basic details of the company, such as:

    Step 3: Enter Principal Business Activities of the Company

    Step 4: Enter details of Share Capital, Debentures, and Other Securities of the Company

    (i) Share Capital

    Step 5: Enter the turnover and net worth of the company. Next mention the shareholding pattern whether the shares are held by promotor shareholders or public other than promoter shareholders. Enter the details separately for Equity and Preference shareholders.

    Step 6: Furnish details of directors and key managerial personnel, such as Composition of Board of Directors, Details of directors and Key managerial personnel as on the closure of the financial year and Particulars of change in director(s) and Key managerial personnel during the year.

    Afterwards user needs to report details of meetings of members/class of members/ board/ committees of the board of directors via an Excel template that accompanies the form.

    Step 7: Enter details regarding the remuneration of the director and Key Managerial Personnel. Furnish details of penalties /punishment imposed on the company/directors/officers, if any; otherwise, select the NIL option if there is no penalties /punishment imposed on the company/directors/officers. Next, enter the details of the shareholder/debenture holder.

    Step 8: The list of shareholders, debenture holders has been prepared using the prescribed Excel template. The template was downloaded, relevant details were filled in, and the completed file is attached as required.

    Optional attachment: Any additional information that the user wants to provide can be provided through an optional attachment.

    Step 9: Web form shall be digitally signed by the director, Liquidator, Interim Resolution Professional (IRP), or Resolution Professional (RP), as applicable. After completing all the required steps successfully, submit the form.

    Mentioned Below Some FAQs Related to MGT 7 E-forms:

    Q.1 – About the MGT 7 e-form?

    The Company’s Annual Return form or MGT 7 form is required to be filed by every company. The form comprises of the company’s financial and non-financial details which are needed by the authorities.

    Q.2 – When does the form need to be filed?

    MGT-7 must file within 60 days from the date of the Annual General Meeting (AGM), or if the company does not hold the AGM, within 60 days from the last date by which the AGM was required to be held (typically September 30th). If the company doesn’t hold an AGM, form must be file within 60 days from the date the AGM should have been held (typically September 30th of the financial year).

    Q.3 – How much fee is to be deposited along with Form MGT 7?

    Mentioned below is the table presenting the amount which is to be paid to legal authorities along with form MGT 7:

    Nominal Share Capital Normal Fee Applicable in Rupees
    Less than 1,00,000 INR 200
    1,00,000 to 4,99,999 INR 300
    5,00,000 to 24,99,999 INR 400
    25,00,000 to 99,99,999 INR 500
    1,00,00,000 or more INR 600

    To be noted: For the companies not falling under any of the above-mentioned criteria, the fees along with MGT form is Rs. 200.

    Q.4 – What is the penalty for the late filing of MGT 7?

    As declared by Companies (Registration Offices and Fees) Second Amendment Rules 2018, the late filing of form MGT 7 will invite penalty of Rs. 100 per day of delay counted from the expiry of the due date of filing MGT 7.

    Q.5 – What is the aftermath of not filing MGT 7 within the prescribed time period?

    If the company is found guilty of not filing MGT 7 within the designated time limit then the company along with its key officials will be liable for paying Rs. 50,000 as a penalty. However, if the delay continues then the penalty of Rs. 100 per day will be payable until the amount reaches the maximum of Rs. 5,00,000.

    Q.6 – What documents are required along with form MGT 7?

    List of documents needed adjacent to form MGT 7:

    • Approval letter for the augmentation extension of AGM, if applicable
    • Photograph of registered office which includes an outside view of the building and a prominent sign showing the company’s name.
    • List of shareholders, list of transfer of shares during the year to be attached via excel.
    • Details about Shareholders, Board, and Committee meetings—including dates and attendance is collected via downloadable Excel templates that must be uploaded.
    • MGT-8 certification if applicable, is now a linked form to MGT-7. Optional remarks can be added in the optional attachment

    Optional: MGT-8 is a certificate given by Company Secretary in practice where the company is listed or its paid-up share capital is INR 10 Crores or more or Turnover is INR 50 crores or more.

    Q.7 – Whose signatures are required to authenticate MGT 7?

    When OPC is concerned – the signature by the company secretary on Form MGT 7 is required and if there is no company secretary for the firm then the signature is required by the director of the company.

    When companies other than OPC are concerned – Form MGT 7 needs signatures from the director and the company secretary of the firm, if there is no company secretary then signature is required by the company secretary in practice.

    Q.8 – Link to download form MGT 7?

    E-form MGT 7 is available to download from MCA’s official website.

    Solution for e-Filing MGT 7 Form

    For all your filing-related compliance for the MGT 7 for MCA, the SAG Infotech is readily available to cater for you with the best of ROC/MCA filing software i.e. Gen CompLaw which is used by thousands of tax professionals across India. The Gen CompLaw is capable of minutes register and all the relevant ROC filing as per the due date and regulations

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