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Mgt-14 for agm resolution for adoption of annual accounts

CA girl (Article Trainee-CA Final) (1942 Points)

14 December 2015

Is it mandatory to file MGT-14 for adoption of annual accounts in AGM by a private limited company?

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Hemant K (36 Points)
Replied 14 December 2015

Hi,

I don't think it was ever required. Board resolution was required to be filed but that has been exempted as per the Notification No. G.S.R 464 (E) dated 05-June-2015 issued by the MCA, , Private Limited Companies are exempted from the provisions of Section 117 (3) (g) of the Companies Act, 2013.

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