Sub: Commencement notification of the provisions of Companies (Amendment) Act, 2017 w.e.f. 05th March, 2021 in respect of provisions relating to Annual Return

This is to inform you that the Central Government has notified the provisions of clause (i) of section 23 of the Companies (Amendment) Act, 2017 w.e.f. 05th March 2021 i.e. the provisions of sections 92(1) of the Companies Act, 2013.

Accordingly, w.e.f. 05.03.2021 the following particulars as stood on the close of the financial year shall not be required to be furnished in the annual return:

• 1. “Its indebtedness”
• 2. “indicating their names, addresses, countries of incorporation, registration and percentage of shareholding held by them” in respect of shares held by or on behalf of the Foreign Institutional Investors

Further, it has been mentioned that the Central Government may prescribe abridged form of annual return for "One Person Company, small company and such other class or classes of companies as may be prescribed.

The Central Government has prescribed abridged form of annual return for "One Person Company, small company.

Notification is available at the link- http://mca.gov.in/Ministry/pdf/CommencementNotification_05032021.pdf

Members may note the above.

Sincerely Yours,


Chairman and Vice Chairman
Corporate Laws & Corporate Governance Committee
The Institute of Chartered Accountants of India