Filing of mgt 14 for newly company incorporated under 1956

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CA SONIYA AGARWAL (Querist)
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05 March 2015 what is the requirement of filing of MGT 14 in case of newly incorporated private company under old companies act 1956 , disclosure of director interest , since it is a newly incorporated company , the first audit of it will be for period of feb 2014 to march 2015 ( i.e. 14 months ) , but so far company has not filled any mgt 14 for disclosure of director interest , since it thought that when audit will take place then its filing will also be done , are company liable for any penalty or additional fees for non filing of MGT 14 so far ??

CS Mitesh Mehta

CS Mitesh Mehta (Expert)
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05 March 2015 Section 117 is notified from 1st April, 2014, there is no requirement for filling the Form MGT-14 for resolution passed on or before 31st March, 2014

However certain resolution passed after 01/04/2014 required to be passed at the board meeting need to be filed in MGT 14 within 30 days

You may refer the link below:

http://taxguru.in/company-law/resolutions-required-filed-companies-act2013-form-mgt-14.html