On October 30, 2024, the Ministry of Corporate Affairs ( MCA ) announced an extension period for the filing of financial statements by Producer Companies.
According to the revised guidelines, Producer Companies are required to submit their financial statements within sixty days of their annual general meeting (AGM) date. This change extends the previous 30-day filing deadline to 60 days, in accordance with section 378ZA(10) of the Companies Act, 2013.
The Ministry of Corporate Affairs (MCA) has confirmed that adjustments to the AOC-4 filing forms incorporating new fee logic are expected to go live next week. These changes will allow Producer Companies to file their documents within the sixty-day window at the standard fee rate rather than incurring late fees.
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Extract from the Notification
Stakeholders may please note that Financial Statements of Producer Companies shall be required to file with the Registrar within sixty days of the date on which the annual general meeting is held as per section 378ZA(10) of the Companies Act, 2013. It is hereby informed that additional fee logic changes in AOC-4 forms are likely to be deployed in the next week to enable filing within 60 days with Normal fee instead of 30 days. Stakeholders may kindly note and plan accordingly.
2024-10-30
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