Friday, September 15, 2006

COMPANIES TO FILE BALANCE SHEETS IN E-FORM FROM SEPT 16thIN

Corporates will have to mandatory file annual returns and balance sheets electronically as the Registrars of Companies will stop accepting these documents in physical form from September 16. Having rolled out e-filing programme at all Registrars of Companies, the Ministry of Company Affairs recently said corporates will have to mandatory file annual returns and balance sheets electronically from September 16. All the company representatives authorised to sign the documents are required to obtain digital signatures by that time to ensure the security and authenticity of filing in the electronic mode, Company Affairs Minister P C Gupta said. The filing in electronic mode is part of e-governance project - MCA21 - initiated by the ministry.

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