Cancellation of Form AOC-4

[shraddha tripathi]

Dear Fellow Members,

Is it possible to cancel the approved SRN of Form AOC-4 for the FY 2020-21. The Company has recently found that the details of trade receivable were wrongly mentioned by auditors in BS and consequently same was mentioned in AOC-4 also. 

So, now company wants to cancel the previous AOC - 4 and file the new one with correct details. Is it possible to do so?

Any other views are also welcome.

Thanks & Regards

CS Shraddha Tripathi

[Anirudh Tanwar]

Dear Shraddha Ji,

It can be cancelled

you can contact Manoj Agrawal -9323891253

He can assist you

Kind Regards,

Anirudh  Kumar Tanwar

M.Com (Accounts & Business Statistics)

Practicing Company Secretary

Registered Valuer - IBBI

Peer Reviewer -ICSI

Cell - 8268649291

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Best Regards,

Anirudh

[Vinod Kumar Agarwal]

The Companies Act 2013, introduced sections 130 and 131 to cover revising and reopening accounts . The committee report on the Act provided that where accounts are revised for specific purposes, companies may revise their financial statements subject to the National Company Law Tribunal's (the Tribunal's) approval. The sections are relevant in order to deal with cases related to mismanagement or fraud, or where the financial statements do not reflect a true and fair view of a company's affairs.

To view this discussion on the web visit https://groups.google.com/d/msgid/gyan-gurukul-cs-divesh-goyal/CAG1Wodh8JmUwGOBzjQOG28q6qq7t25L-D8Oi97ag9CsPQYfmyw%40mail.gmail.com.

[Anirudh Tanwar]

Dear Shraddha ji,

Just checked, for form errors like date of agm or due dates or like it was earlier taken up subject to roc satisfaction

now correction can be done through NCLT route only.

There are a lot of enquiries regarding the same but nothing is happening on the cancellation part.

Clients will have to approach NCLT only.

Regards

Anirudh

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Best Regards,

Anirudh