In new version of MGT-7 following major changes are noticed :very useful
1. Indebtedness - words "including interest outstanding /accrued but not due for payment" inserted after secured and unsecured loans.
2. Turnover - words total turnover replaced by turnover
3. In committee meetings - percentage of total members replaced words % of total shareholding
4. Matters relating to certification of compliance & disclosure - words all compliance & disclosure replaced by words " whether the co. Has made compliances and disclosures in respect of applicable provisions of the Companies Act 2013 during the year
If no, give reasons/observations"
November 18, 2015
MGT 7 eform new version highlights MCA21
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