CAIRR Update March 09, 2020

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CAIRR Update March 09, 2020

March 06, 2020

Summary of the General Circular issued by MCA 06/03/2020

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 website for your ready reference.

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By | 2020-03-09T13:07:31+00:00 March 9th, 2020||0 Comments

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