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). Does way with requirement of filing extract of Annual Return (Form MGT-9). Added explanation for expressions like ‘agency’, ‘cyber security’, ‘electronic voting system’, ‘remote e-voting’ and ‘voting by electronic means’ u/r 20 of (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). Does way with requirement of filing extract of Annual Return (Form MGT-9). Added explanation for expressions like ‘agency’, ‘cyber security’, ‘electronic voting system’, ‘remote e-voting’ and ‘voting by electronic means’ u/r 20 of (Voting through electronic means)taxmann.com NewsRead More

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