09 July 2024
The approval timeline for MGT-14 filings can vary depending on several factors, including the workload at the Registrar of Companies (ROC) and the completeness of the submitted documents. Generally, the ROC aims to process filings within a reasonable time frame, but it can sometimes take longer due to various administrative reasons.
Here are some points to consider regarding the approval timeline for MGT-14:
1. **Normal Processing Time:** Typically, MGT-14 filings are expected to be processed within 15-30 days from the date of submission, assuming all documents are in order.
2. **Document Verification:** The ROC verifies the documents submitted along with the MGT-14 form, such as the altered Articles of Association, board resolution, and other required proofs. Delays can occur if there are discrepancies or additional clarifications needed.
3. **Current Status:** Since your filing is still pending approval since April 6th, 2023, and you've raised a ticket that indicates it's under process, it's essential to monitor the status regularly on the MCA portal.
4. **Follow-Up:** If significant time has passed beyond the normal processing period, consider following up with the ROC through the MCA helpdesk or support ticket system. They may provide specific reasons for the delay or expedite the processing.
5. **Professional Advice:** If the delay is causing significant concern or impacting business operations, consulting with a professional, such as a Company Secretary or a legal advisor experienced in corporate filings, can provide further insights and possibly expedite the resolution.
In summary, while there's no fixed timeline due to varying factors, including the current workload and procedural requirements, monitoring the status and following up appropriately can help ensure timely processing of your MGT-14 filing.
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