Definition of Small Company and Form MGT-7 / 7A
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SHALU /
Published on :
05-Oct-2021 11:24 AM /
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Dear All,
The Turnover of a Company for the Financial Year ended on 31st March 2020 is 25 Crores and the Turnover of the Company as at 31st March 2021 is 17 Crores. Now, when I am trying to file Form MGT-7, I am getting the message to file Form MGT-7A.
In my opinion it is not a Small Company, because as per last P&L A/C (i.e., as at 31st March 2020), the Turnover is 25 Crores.
Now, what should I do ? Proceed with filing Form MGT 7A or raise a ticket to MCA
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