MCA Form MGT-6: Return to the ROC in Respect of Declaration Under Section 89

MCA Form MGT-6: Return to the ROC in Respect of Declaration Under Section 89 . Section and Rule Number
Section 89(6):
Where any declaration under this section is made to a company, the company shall make a note of such declaration in the register concerned and shall file, within thirty days from the date of receipt of declaration by it, a return in the prescribed form with the Registrar in respect of such declaration with such fees or additional fees as may be prescribed, within the time specified under section 403.
Purpose
A company makes a declaration to the Registrar regarding persons whose name is in the register of members as a shareholder, but they do not hold any beneficial interest in such shares. This form of return is filed within 30 days of receipt of the declaration by the company by filing Form MGT-6.
Key Information:
The E-Form will be auto-approved under straight-through processing (STP) mode.
In the case of an IFSC company, the additional fee shall be applicable only after the expiry of 60 days from the date of receipt of the declaration.
However, in case of form filing after 60 days, the logic for delay days’ calculation for computing the additional fee shall remain the same as in case of other than IFSC company i.e. due date shall be considered as (Event Date + 30) even for an IFSC company.
Documents Required:
MGT-4 and MGT-5 are required to be given as attachments.
Timeline
Within 30 days from the date of receipt of MGT-4 or MGT-5 Whichever is later.
Fees

Nominal Share Capital

Fee applicable

Less than 1,00,000

Rupees 200

1,00,000 to 4,99,999

Rupees 300

5,00,000 to 24,99,999

Rupees 400

25,00,000 to 99,99,999

Rupees 500

1,00,00,000 or more

Rupees 600

Additional Fees

Period of delays

All forms

Up to 30 days

2 times of normal fees

More than 30 days and up to 60 days

4 times of normal fees

More than 60 days and up to 90 days

6 times of normal fees

More than 90 days and up to 180 days

10 times of normal fees

More than 180 days

12 times of normal fees

MCA Help-Kit

Section and Rule Number

Section 89(6):

Where any declaration under this section is made to a company, the company shall make a note of such declaration in the register concerned and shall file, within thirty days from the date of receipt of declaration by it, a return in the prescribed form with the Registrar in respect of such declaration with such fees or additional fees as may be prescribed, within the time specified under section 403.

Purpose

A company makes a declaration to the Registrar regarding persons whose name is in the register of members as a shareholder, but they do not hold any beneficial interest in such shares. This form of return is filed within 30 days of receipt of the declaration by the company by filing Form MGT-6.

Key Information:

The E-Form will be auto-approved under straight-through processing (STP) mode.

In the case of an IFSC company, the additional fee shall be applicable only after the expiry of 60 days from the date of receipt of the declaration.

However, in case of form filing after 60 days, the logic for delay days’ calculation for computing the additional fee shall remain the same as in case of other than IFSC company i.e. due date shall be considered as (Event Date + 30) even for an IFSC company.

Documents Required:

MGT-4 and MGT-5 are required to be given as attachments.

Timeline

Within 30 days from the date of receipt of MGT-4 or MGT-5 Whichever is later.

Fees

Nominal Share Capital	Fee applicable
Less than 1,00,000	Rupees 200
1,00,000 to 4,99,999	Rupees 300
5,00,000 to 24,99,999	Rupees 400
25,00,000 to 99,99,999	Rupees 500
1,00,00,000 or more	Rupees 600

Additional Fees

Period of delays	All forms
Up to 30 days	2 times of normal fees
More than 30 days and up to 60 days	4 times of normal fees
More than 60 days and up to 90 days	6 times of normal fees
More than 90 days and up to 180 days	10 times of normal fees
More than 180 days	12 times of normal fees