General Clrcular No. 22l2O14
No. 1/ 34 /2013-CL-V (Part-I)
Government of India
Ministry of Corporate Affairs
5th Floor, A Wing, Shastri Bhavan,
Dr R.P. Road, New Delhi.
Dated 25th June. 2014
To
All Regional Directors,
All Registrars of Companies,
All Stakeholders.
Subject: Cladfication wlth regard to format of antrual return appllcable for
Flnancial Year 2013-14 and fees to be charged by companles for
allowlng lnspectlon of r€cords.
Sir,
Government has received requests for clarification about the applicability of form of annual return (MGT-7) prescribed under r-ule 11(1) of the Companies (Management and Administration) Ru1es, 2014 for financial year(s) commencing earlier thall 16t April, 2014. The matter has been examined in the light of provisions of section 92(1) of the Act lehich requires annual return to contain particulars as they stood on the close of the financial year. It is, clarilied that Form MGT-7 shall not apply to annual returns in respect of companies whose financial year ended on or before 1st April, 2014 and for annual returns pertaining to earlier years. These companies may file their returns in the relevant Form applicable under the Companies Act, 1956.
2. Companies have also sought clarity about permitting Free of cost inspectionof records under rule 14(2) ard rule 16 ol the rules cited above and till a fee is prescribed for the purpose in the Articles. It is clarified that until the requisite fee is specified by companies, inspections could be allowed wlthout lely of fee.
3. This issues with the approval oi the competent authority.
Yours faithfully,
(KMS Aarayanan)
Assistant Dirdctor (Policv)
233a7263
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