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    Form MGT-7 Prefill Error for Subsidiary Small Company

    Posted By : Sachin / Published on : 05-Jan-2022 10:36 AM / View : 823 / Comment : 1

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    Dear All,

    As defined in Section 2(85) of the Companies Act, 2013, the criteria of Small Company is not applicable to the company which is a subsidiary of another company.

    In Our case Company B (small Company) is a 100% subsidiary of Company A and hence we have to file Form MGT-7 for Company B. But The Form MGT-7 shows prefill error message as "Company is small Company, please file MGT-7A"

    We Can not file Form MGT-7A for Company B, because it will not allow us to fill up Holding Company details in Form MGT-7A.

    We also raised ticket about this Error on MCA, on which we received the following reply
    "As per our database , your company is a small company .Hence please file MGT-7A."

    Please help to solve this problem.
    Read more on : small company subsidiary error prefill form

    • I think you have forgot to mentioned subsidary comany in Form AOC-4. So it not taking MGT-7. OR if holding company is Foreign comapny subsidiary is Indian no need to file MGT-7 if it is small company.

      24-11-2022 / 08:40:00 AM
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