The Ministry of Corporate Affairs has hereby on March 5th, 2021 via notification has stated that, MGT-7 is required to be file by all Companies except Small Company and One Person Company (OPC).

This amendment has been bought by Companies (Management and Administration) Amendment Rules 2021.

Small Company and One Person Company shall file annual return in Form No. MGT-7A from the financial year 2020-2021 onwards.