Annual Return is the picture of few company information as they stood at the close of the financial year. Section 92 of the companies Act, 2013 deals with annual return of the company. Objective of filing the return. The basic purpose of filing annual return with the registrar of companies to provide the annual information about the company to the ROC and its members about the Company’s general compliances. It is the responsibility of the management to file the annual return with the ROC. Preparation of annual return every company shall prepare an annual return in Form No. MGT-7 containing the particulars as they stood at the close of the financial year.
Companies have 30 business days from the date that the entity become due to lodge annual returns before it is in non-compliance with the Companies Act. Annual returns can only be filed electronically. Always use your customer code to transact with CIPC.