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Mgt 7

SARATH.T.S (CA STUDENT) (48 Points)

13 January 2016

WHO CAN FILE FORM MGT 7 ? CA/ CS ?

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7 Replies

Ajit Hegde (CA - Final) (1367 Points)
Replied 13 January 2016

MGT 7, in case of small companies, can signed only by Director and filed.

Other than small companies, it is mandatory to be digitally signed CS in practice

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Ajit Hegde (CA - Final) (1367 Points)
Replied 13 January 2016

MGT 7, in case of small companies, can signed only by Director and filed.

Other than small companies, it is mandatory to be digitally signed CS in practice

ish kumar sharma (Sr. Manager Accounts & Finance) (301 Points)
Replied 13 January 2016

As per Companies Act 2013 : - "(85) ‘‘small company’’ means a company, other than a public company,— (i) paid-up share capital of which does not exceed fifty lakh rupees or such higher amount as may be prescribed which shall not be more than five crore rupees; or (ii) turnover of which as per its last profit and loss account does not exceed two crore rupees or such higher amount as may be prescribed which shall not be more than twenty crore rupees: Provided that nothing in this clause shall apply to— (A) a holding company or a subsidiary company; (B) a company registered under section 8; or (C) a company or body corporate governed by any special Act;"

Read more at: /forum/mgt-7-338782.asp

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