MCA introduces new e-form MGT-7A for filing of Annual return by OPCs and Small Cos. from F.Y. 2020-2

The MCA amends the Companies (Management and Administration) Rules, 2014 requiring every OPC and Small Company to file their annual return from FY 2020-21 in Form No. MGT-7A (Abridged Annual Return for OPCs and Small Companies). Removes requirement of filing extract of Annual Return (Form MGT-9). Added explanation for expressions like ‘agency’, ‘cyber security’, ‘electronic voting system’, ‘remote e-voting’ etc. u/r 20 of the rules relating to Voting through electronic means.The MCA amends the Companies (Management and Administration) Rules, 2014 requiring every OPC and Small Company to file their annual return from FY 2020-21 in Form No. MGT-7A (Abridged Annual Return for OPCs and Small Companies). Removes requirement of filing extract of Annual Return (Form MGT-9). Added explanation for expressions like ‘agency’, ‘cyber security’, ‘electronic voting system’, ‘remote e-voting’ etc. u/r 20 of the rules relating to Voting through electronic means.taxmann.com NewsRead More

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