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ROC Imposes Penalty for 513-Day Delay in Filing MGT-7
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Registrar of Companiescorporate

ROC Imposes Penalty for 513-Day Delay in Filing MGT-7

May 14, 2026

The Registrar of Companies in Chennai penalized a company and its director for a significant delay in filing Form MGT-7, emphasizing that such lapses attract substantial penalties.

ROC Imposes Penalty for 513-Day Delay in Filing MGT-7

The Registrar of Companies (RoC) in Chennai has issued a penalty to a company and its director for a delay of over 500 days in filing their annual return using Form MGT-7 under Section 92 of the Companies Act, 2013. This ruling reaffirms that tardy filing of requisite documents can incur considerable penalties, regardless of operational or legal challenges.

This decision serves as a critical reminder that compliance timelines are strictly enforced under the Companies Act. Even evidences of adverse conditions do not excuse non-compliance with statutory requirements, placing an obligation on companies to prioritize timely submissions.

Lawyers advising corporate clients should strengthen internal compliance mechanisms and underscore the importance of adhering to filing deadlines to prevent punitive actions from the regulatory authorities.

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Practice Areas:corporate

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