prepare required companies whether
Dear Sarah Bhandari
As per my views extract MGT -9 still in force for other than small company as required to attached relevant to Section 92(3) WHICH IS YET TO NOTIFIED
As per The Companies (Amendment) Act, 2017 (Yet not notified)
(3) Every company shall place a copy of the annual return on the website of the company, if any, and the web-link of such annual return shall be disclosed in the Board's report.
But 92(3) still in force which talk about extract of annual report to be the part of Directors Report:
(3) An extract of the annual return in such form as may be prescribed shall form part of the Board’s report.
Amendment comes for small and OPC company which no longer required MGT-9 to be the part of DR
but for other than OPC & small co still required and extract of annual return need to be given in DR as well as on website if any
As per my view section 92(3) also need to be notify accordingly.
But till then we need to attach with Directors report which is formaing part.
Other views are solicited
Dear Members
Please Suggest me
Recently before 1 month, I have filed KYC of one director with fees of Rs. 5000/-
My query is whether we need to verify the DIN with KYC web by September 30, 2019.
Dear Members
Can LLP convert into Company. If yes then which Document is Required to be filled.
Please Suggest
Dear Members
Please Suggest me
Whether display of CSR Policy of a Company on the website of the Company is mandatory or not?
Dear Members
Please Suggest me
Private Company took loan from its members and relative of members and company doesn't have fund to pay so they wanted to convert the loan to equity and after conversion Company wants to go for strike off.
Can that Company do the same or is there any restriction?
Dear Members
Kindly suggest what documents should we take for issuing duplicate share certificate to the shareholder residing in a foreign country where the share certificates as lost/misplaced by the shareholder.
Also, how the transfer deed will be executed if the transferor is residing in a foreign country and the transferee is an Indian resident.
Dear Members
Please Suggest me
Procedure for Transfer of Equity Shares and Non Convertible Debentures from Non-Resident to Non Resident and Also please tell whether we have to report to RBI or not?
resident debentures convertible shares transfer equity procedure
Dear Members
Please Suggest me
In case of Nidhi which is recently incorporated how much max loan can be given to members.
Dear Members
Please Suggest me
If company has been inoperative since may 2017 and done filing of balance sheet for the year 2017-18 in September 2018 can company file STK-2 in august 2019, as it is inoperative from last 2 years ànd has no bank account since March 2018?
Do company need to file balance sheet for 2018-19?
Dear Divya,
Find below answer to your query-
As per CA, 2013 section 134, Companies was required to prepare MGT-9 extract of Annual Return and such MGT-9 was required to file with Directors Report.
However, this provision has been amended by CAA, 2017 w.e.f. 31.7.2018 i.e. as per notification dated 31st July 2017 provision in relation to MGT-9 has been removed from Section 134 and a new provision is added i.e. “the web address, if any, where annual return referred to in sub-section (3) of section 92 has been placed”.
Therefore, one can opine that MGT-9 is not required to prepare by any Company if Directors Report approved in Board Meeting on or after 31st July 2018.