Companies (Management and Administration) Amendment Rules, 2021

Please see below the excerpt from the notification issued by MCA on Companies (Management and Administration) Amendment Rules, 2021:

1Notification date05.03.2021
2SubjectCompanies (Management and Administration) Amendment Rules, 2021
3Effective dateThey shall come into force on the date of their publication in the Official Gazette.
4ApplicabilitySmall Company and One Person Company
5 Brief descriptionThe Ministry of Corporate Affairs through notification dated, 05, March, 2021 has issued the Companies (Management and Administration) Amendment Rules, 2021. The amendment provides that One Person Company and Small Company shall file annual return in Form No. MGT-7A from the financial year 2020-21 onwards. Every other Company shall file annual return in Form No. MGT-7.

A copy of the annual return shall also be filed before the registrar of companies with prescribed fees.

Notification is attached herewith for your ready reference & reading.