Ensure filing of AOC-4 within 30 Days of AGM

The Ministry of Corporate Affairs has generated a notice for all the companies registered in India to file the financial statements every year. The form AOC-4 has to be filed every year with the MCA which has to be certified by a practicing Chartered Accountant or a Company Secretary.

Applicability

The following companies are required to file AOC 4

• Companies listed with any stock exchange in India and their Indian subsidiaries.
• Companies with a capital of 5 crores or above.
• The companies with a turnover of 100 crores or more.
• Companies which were covered till date under the Companies Rules 2011.

Requirements while filling the form

Financial Statements of a company includes the Balance Sheet, Profit and Loss Account, Cash Flow statement (if applicable), and the statement of change in equity (if applicable).

Following are the documents that are required to be filed with AOC-4

• Copy of financial statements authenticated as per section 134.
• Statement of subsidiaries as per section 129
• Statement of fact and reasons for not adopting Financial statements in AGM
• Statement of the reason for not holding AGM
• audit report under section 143
• Company CSR Policy as per section 135
• other entity(s) details
• Details of comments of CAG of India
• Secretarial Audit Report
• Directors’ report as per sub-section (3) of section 134
• Details of remaining CSR activities
• Optional attachment(s), if any

Form Fees

The due date for filing the AOC-4

The AOC-4 form has to be necessarily filed within 30 days after the Annual General Meeting. If any company or an official is not able to file it within the due date, the following may be the charges instilled upon him.

Further, the Managing Director, Directors and the Chief Financial Officer of the company, could be punished with imprisonment for a term which may extend to six months or with fine which will not be less than ₹1 and up to ₹5 lakhs.

Fill the form today to avoid the late payments!