Who files Form MGT-7A?
A one person company and a small company file Form MGT-7A. Every other company files Form MGT-7. A small company is one whose paid-up capital is up to ₹4 crore and whose turnover is up to ₹40 crore.
Who files it?
| Company | Annual return |
|---|---|
| One person company | Form MGT-7A |
| Small company | Form MGT-7A. Both the ₹4 crore and the ₹40 crore limits must be met |
| Any other company | Form MGT-7 |
The test for a small company is on the small-company page.
When is it due?
A small company counts 60 days from its annual general meeting, on the same rule as MGT-7. A one person company does not hold that meeting. Its MGT-7A is due 60 days after the financial statements are deemed adopted. Those OPC dates are on the OPC compliance page. There is no single calendar day that fits every company.
Who files MGT-7 instead?
A private company that is not a small company, a public company, and a section 8 company file Form MGT-7. When that form is due, and the penalty in section 92(5), are on the MGT-7 page. This page does not restate the fee table.
Frequently asked questions
Four questions cover other private companies, the two limits, the one person company date, and the penalty.
Does every private company file MGT-7A?
No. Only a one person company and a small company file MGT-7A. Another private company files MGT-7.
Is the small-company test one limit?
No. Paid-up capital must be up to ₹4 crore and turnover up to ₹40 crore. Both limits apply.
Is the one person company’s due date 29 November?
Not as a fixed date. MGT-7A is due 60 days after the financial statements are deemed adopted. The date moves with that adoption.
Is the penalty a different section?
No. A failure to file the annual return is section 92(5). The figures, and the halving for a small company and a one person company, are on the MGT-7 page.
Sources
The annual return is section 92 of the Companies Act, 2013. Form MGT-7A is the form for a one person company and a small company. Form MGT-7 is the form for every other company.