Annual Filing of a Company: AOC-4 and MGT-7 Explained
Two filings sit at the heart of every company’s annual compliance: AOC-4 for the financial statements and MGT-7 for the annual return. Together they tell the government how the company performed and who owns and runs it. Missing either invites uncapped late fees. This guide explains AOC-4 and MGT-7 filing — what they are, due dates, attachments, fees, and penalties.
What Is AOC-4?
Form AOC-4 is used to file the company’s audited financial statements with the Registrar of Companies. It includes the balance sheet, profit and loss account, cash flow statement (where applicable), the auditor’s report, and the board’s report. Companies required to consolidate file AOC-4 CFS, and those filing in XBRL use the XBRL variant.
AOC-4 Due Date
AOC-4 must be filed within 30 days of the Annual General Meeting. The financials adopted at the AGM are what get filed.
AOC-4 Attachments
- Audited balance sheet and profit & loss account.
- Auditor’s report.
- Board’s report with annexures.
- Notice of the AGM.
What Is MGT-7?
Form MGT-7 is the annual return, capturing the company’s structure as at the financial year end — shareholding pattern, details of directors and KMP, changes during the year, and other particulars. Small companies and One Person Companies file MGT-7A, a simplified version.
MGT-7 Due Date
MGT-7/7A must be filed within 60 days of the AGM.
MGT-7 Attachments
- List of shareholders and changes in shareholding.
- Details of directors and KMP.
- MGT-8 certification by a Company Secretary, where applicable.
AOC-4 vs MGT-7
| Aspect | AOC-4 | MGT-7 / 7A |
|---|---|---|
| Purpose | Financial statements | Annual return |
| Due date | 30 days of AGM | 60 days of AGM |
| Key content | Balance sheet, P&L, reports | Shareholding, directors |
| Variant | AOC-4 CFS / XBRL | MGT-7A for small/OPC |
Late Fees and Penalties
Late filing of AOC-4 and MGT-7 attracts an additional fee of ₹100 per day, per form, with no upper limit. Prolonged default can lead to prosecution, the company being struck off, and director disqualification. Because the fee is uncapped, even a short delay across both forms adds up quickly. These are central to the annual ROC compliance checklist.
Frequently Asked Questions
What is the difference between AOC-4 and MGT-7?
AOC-4 files the financial statements; MGT-7 files the annual return (ownership and management details).
When are they due?
AOC-4 within 30 days and MGT-7 within 60 days of the AGM.
What is MGT-7A?
A simplified annual return for small companies and One Person Companies.
Is the late fee capped?
No — it is ₹100 per day per form with no upper limit, so delays get expensive fast.
File AOC-4 and MGT-7 On Time
S. Choudhary & Co. prepares and files your annual returns and financial statements accurately and on schedule. Explore our company secretarial services or call +91 90248 28295 · sushil@sushilchoudhary.com.
