March 06, 2020
1. MCA clarifies with respect to filing of necessary forms with MCA, by Insolvency Professionals(IPs), upon initiation of insolvency proceeding of a company under IBC, 2016
Further to MCA’s circular dated 17/02/2020, directing IPs to file necessary forms with MCA, a clarification is provided, with respect to filing of Annual Returns (Form MGT-7) and Financial Statement (Form AOC-4) by the companies under CIRP as attachments to Form GNL-2. The IP has to file form INC-28 for such companies, only after which the IP can proceed to file other documents/fact/ information as required under the Act and Rules there under through e-form GNL-2. The said notification is integrated in our free-to-use ca2013.com website for your ready reference.