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Question ID : 40483

Delay in Audit Report

What is to be got done in case the Balance Sheet is finalized on 30th Oct 2019, ie after the due date of AGM and no prior initiation had been given to MCA. Please advice the best possible way to deal with the issue without attracting any penal provisions.

Posted by Nilanjan Kayal on Nov 25, 2019

Filed Under Companies Act, 2013

Answer ID : 83595

practical solution is have the date prior to 04.09.2019 and have AGM and file the annual return accordingly. If not then go for compounding of offenses under Companies Act, 2013.

Posted by CA. JHA SHANKAR KUMAR on Aug 11, 2022