The Government of India, through the Ministry of Corporate Affairs (MCA) has recently introduced a series of significant amendments to the annual filing forms to be filed by the companies in India. These changes, set to come into effect from July 14, 2025, reflect the Government’s ongoing efforts to strengthen corporate governance, enhance transparency, and streamline statutory compliance processes under the Companies Act, 2013.
The amendments mainly relate to filing of financial statements in Form AOC-4 and annual return in Form MGT-7 with the Registrar of Companies (ROC). Along with changes in the process of filing the forms, several new disclosure requirements, additional documentation, and enhanced checks on financial and governance-related information have also been introduced.
Key Changes to Annual Filing Forms
One of the most noticeable procedural shifts is the migration of annual filing forms from the MCA’s V2 Portal (i.e. old version) to the MCA’s V3 Portal (i.e. new version). All Indian companies will now be required to file their annual financial statements and returns through this upgraded portal, thereby discontinuing the use of the older V2 portal. Not only the filing platforms have changed, but also the structure and contents of the forms have undergone significant revisions. The new filing process mandates that companies must submit an expanded set of information regarding their financial performance, management details, shareholding structure, and compliance status for the relevant financial year.
