Demo AOC-4 FIling

0:15 Hello everyone, this is CS D Goyel practicing company secretary from Delhi. Welcome all of you on my YouTube channel again on the discussion of the latest amendment by the ministry of corporate affair. So already since last one month we have seen so much we have discussed about the online filing of the AOC4 M37 so many thing even day before yesterday I had a webinar in which we have discussed about the AOC4 how what are the modalities how it can be filed whether it is offline online everything we have discussed and even yesterday I have uploaded a video of the demo of how to fill the offline form AOC form but As promised in the day before uh day before

1:01 yesterday uh webinar, today we are having a live webinar on the demo filing of the AOC fork. How the AOC will file. We will show you the step by step the process one by one and we will prepare the form. We will go up to the uploadation and now you can step up to the payment module. We will show you everything of the AOC form. So again thank you for joining this webinar. Just one thing if during the webinar anyone have any question anyone have any query please don't hesitate write your query and question immediately in the chat box we will take up uh that simultaneously along with the webinar and if required at the end of the webinar we have already received so many questions from the professional through the Google form through the WhatsApp group that is gan

1:46 groupool and other social media platform we will try to cover those questions already in my this uh represent uh we can webinar but along with that I really want your queries also so that we can discuss on that one more thing many person has messaged me and social media and WhatsApp group regarding the draft format of the director's report and the draft format of the auditor's report so I just want to update you the draft format of the director report for small company for non-s small company and for public company I have already published on my blog that is wwcsdol com still anyone want the word copy I have already circulate the link of the uh Google form in my WhatsApp groups and

2:32 the social media you can fill the Google form so whenever I will prepare these type of any new uh you can say draft I you will get through the mail so we have already published and we have covered one more thing in those directors and the auditor report that we have compared them with the section as well as the e director report and e auditor report so once when at that time when you will prepare your annual filing form your e directory report e auditor report you don't have to find out again and again that which point of the your auditor report and directory report you have to mention in the e auditor report and directory report because in our directory report and auditor report I have already mentioned the point number of the electronic directory report and electronic auditor report so it will be easy for you to copy paste from the

3:17 your copy from the electronic form but there are the some limitation which is really part of this EOC4 demo webinar. There are certain limitation of the word in the electronic director report and electronic auditor report as on the maximum points of the electronic auditor report it does not accept more than 500 or 5,000 words. So that can be a difficulty because our auditor report and the directory reports are not the word constant but electronic forms are the word constant. So we have to find out the solution like we can mention the half paragraph and then we can mention he completely mentioned at that point of our attached director report or attached auditor report. So accordingly we have to work it out. So definitely these are the new filing these are the new forms so much so many new difficulties will be

4:03 there so many new things will be there. So it's on us that we have to go further and we have to do it. This is the first year first year everyone going to face so many difficulties, so many things but hope so we will uh do it and we will face it. So let me start the demo of the filing of the EOC for offline mode and online mode. I will also discuss what is the difference between offline mode and online mode. So one by one let's uh move further towards our filing. So let me just uh share my screen so that I can show you everything. So for the filing of the AOC4 and MGT7 and whatever form now under company's act all such form will be filed on the MC V3

4:50 portal that is this portal. Now there's no V2 portal. V2 portal has already been closed on the 17th June. We can say 17 June was the death date of the V2 portal because that is no more here. and 14th July since these forms has been introduced on the MCV3 portal. So 14th July and 17th June both are going to be the historic date for our professional. So for filing of any form on the MCA V2 portal we have to login without login you cannot file and even prepare any form on the MCAV3 portal. So first thing you have to do you have to create a login. Now the question arise from whose login you can file the annual forms on the MCB3 portal. Number one you can file the annual forms from the business user

5:37 ID of a professional. From a professional business user ID you can file the annual form on MCB3 portal. Number two you can use the staff ID of the professional and through that also you can file the business user form. File the annual form. Number three, from the ID of the company. You can create the ID of the specific company and you can file the form from there also. And that is always better. As per me, if you create the ID of the company, that is much better option because you will not get confused and not it's likely one person is one time using that uh ID. And third thing, you can file it from the login ID of the director. So it's on you whose login id you will create whether you will create the login id of the director whether you will create the login id of the professional or from the

6:23 uh company. So all the options are there. So as I can see more than 100% are live there on the webinar. Thank you so much for everyone for joining this and someone asking me to convert it into the Hindi. So I just want to say sir um I'm creating doing this webinar for the audience throughout the country. So I think English is the language that everyone is aware but sometime we are confused in the Hindi but one thing is there now YouTube having a good option after this webinar I will upload this video on my YouTube channel and in YouTube channel uh YouTube video these are having an option to convert from the language so by using that option you can convert the English language into Hindi and you can listen it so it's not required to create the double video for the same so let's move first you have to login on the MC website then you have to

7:09 go to the MCA services column. Let me go into the home first. So MC website click on the take your cursor on the MC services. Don't click then take your cursor to the company e filing. Then in the company in filing there is the approval annual filing option is there. So under the annual filing you can see the forms. Let me just show you. I've just uh try to just make it short. So here you can see so MCA server then company E filing then annual filing in annual filing here you can see EOC for financial statement and other document and other is financial statement and other document offline. Now many person has asked the question why two option

7:54 online and offline. So I let me just tell you you know AOC4 one of the biggest form of the company's act. So we have to mention so many information in AOC4 or many information from the financial statement point of view like balance sheet like P&L so many figure we have to mention. So it may happen if you are preparing an online AOC for network issues is there site issue is there site is getting a log out while you are preparing because it take a lot of time to prepare this form. So to save the time and to help the fraternity and the corporates from that issues they have given an option for the online and offline filing both options. Online filing is like you are creating doing the incorporations you are filing the other form on the MCB3 that everything is the online but in the offline filing

8:42 this is the new option practically this is available for only two form under companies that AOC4 and MG7 for the other forms offline option is not there. In the offline option what you have to do you have to start preparing the form here only 20 approximately 20% information you have to fill online and the remaining information after that you can mention in the offline the excel will be downloaded by the system I will show you one by one step by step everything so don't worry about that I'm just briefing so that it can clear our concept offline and online both options are available for these two forms so I'm not going into online because online is same like other form which we are doing for the other companies. We will go for the offline because we want to see how the Excel will be download, how we have to fill the Excel, how we have to upload

9:29 the Excel. Only just one thing I want to tell you to move further for the demo. Now AOC4 is not an individual form. Now AOC4 is a form like incorporation form like once you will prepare the complete AOC4 and you will save it. Then the other forms will be open like electronic director report, electronic auditor report, AOC1 if it is applicable on you, AOC2 if it is applicable on you, CSR2 if it is applicable on you and AOC for CFS. AOC for the consolidated financial statement if it is applicable on you. So now all these are the linked form. AOC4 is not a individual form now. So make sure all link form you fill properly and even though the director report and auditor report are the electronic mode

10:16 also but still you have to attach the PDF directory report and PDF auditor report they have not removed it because electronic auditor report and electronic directory report is an extract of the auditor report and director report PDF is still mandatory. So let me start the process first. Let me click on the financial statement and other document offline. So once you will click this form will be open. Let's start to filling the form. Name of the company. So I'm mentioning a random company name. Once I mention the name of the company, the address is there. The email id is there. Earlier if you have noticed under

11:01 V2 portal there was an option to update this email id. There was option to mention the email id but this option has been closed. Now now you cannot change the email id by the annual form. If you want to change the email id you have to follow the separate process. I have already uploaded a video on that in this YouTube channel that is just five minute video. So if you want to understand to change the email id you can go through that video. Let me just select the financial year step by step. We will follow in this video and we will I will try my best to show you the complete date of board of director meeting in which financial statement are approved. Let me just select first July. Nature of the financial statement. Here I'm selecting

11:48 adopted financial statement not any revision. Revision is not allowed without NCLP approval. Will the provisional function statement are failed? No. Will adopted in adjun? No. Signary details. I have to mention the signary details. Now I have to mention the DIN number. It will al automatically picked. Now I have to select the designation. Earlier if you have seen this much of designation was not showing. So now the designation is there. Date of signing of financial statement I mentioned. So we know financial statement is required to be signed by at least two directors. Other companies whether they are having the PMP MD need to be signed by that. But I have just picked a small company. So at least two director signature is mandatory. I have mentioned the name of the two persons. Date of board of

12:34 director meeting in which board report referred. Let me just say in my board report also approved in the same meeting that is first July. Now the person of name of the person who have signed the director report. Again I have to select the designation and the date. This is same like earlier we were doing in the V2 portal. It just now these categories has been increased. Earlier these categories was not there. So I have mentioned this date of signing of the report by the auditor. I will consider it as a same date. Although it can be a different date. Date of signing of financial statement by the director and date of signing of financial statement by the auditor can be different. With the annual general meeting held I said yes. If he has date of ADM I said key my ADM is today only and due date of ADM

13:21 generally for everyone it is September as per the provision that is 6 month or 18 month provision whether an extension is granted no see if I will click on the extension yes now it will ask for the SRN of the GNL1 so once I will mention the SR of the GNL1 new date will be automatically appeared but here we are not having any extension so I'm mentioning no and click on the save button the data had been added successfully let me move further whether company is a subsidiary company as defined I said no I'm not a subsidiary of any other company whether companies having a subsidiary or associate I said yes just to demo you I'm just clicking it just let me give a disclaimer all this data is a we can say hypothetical data it is nothing relating to the

14:08 company so I'm just hypothetically mentioning this uh information just to help you and just to show you. So I'm just clicking it yes because I want to show you the consolidated financial statement form also. That's why I'm clicking yes. SRN of ADT1. Now this is a new requirement. Now you have to mention the SRN of EDT1. Once you will mention the SRN of EDT1 all the information of the auditor will be automatically filled. And one important thing is here as we know for the first auditor it is not required to file the form 81. So in case of the first auditor case you can mention Z 999. In other case it is mandatory to mention the SRN and that SRN will be auto checked by the their system whether for the financial year for which you are filing this form

14:54 whether this auditor appointment form is related to that financial year or not. So it will very important key proper AD1 is filed and one more thing in case except first auditor or except auditor in the casual vacancy all other cases auditor cannot be appointed for a period less than five year. So make sure key for the SRN which you are mentioning in that SLN auditor has already been appointed for the five years detail of the members signing the above form I'm mentioning my name although I'm not a chartered accountant I'm not a statute auditor just for a random culture we are filling the form so I'm mentioning my details type of identity industry commercial industry schedule three applicable they themselves act yes whether consol

15:40 consolidated financial statement required or not? Although this is a small company but just to show a demo I have already selected yes I have a subsidiary so I have to select yes I'm preparing the consolidated financial statement also whether companies maintaining books on rel paper electronic form as on date 99.99 companies are preparing everything is electronic mode so I have mentioned it in that is the electronic mode I'm just mentioning the random information disclosure about related party transaction whether any transaction enter related party I will say yes doesn't matter that transaction is the ordinary course or armland if you just ask me whether any transaction I'm saying yes in case of the government company I'm not a government company I'm measuring not applicable signal

16:25 reporting CSR I'm saying no it is not applicable on me if I will say it is applicable then other information the CSR2 will be open but I'm not selecting it whether second order applicable no so this is the 20% approach 20% information of the total AOC for which we have online for the offline form I will click save that I did successfully once I will click submit see as I said these are the link form as I have already clicked yes on the AOC4 CFS that's why after clicking on okay button directly the link form AOC4 CFS will be open like this and see other electronic forms are also there AOC 1 AOC2 extract of the auditor

17:11 report extract of the board report. So let me fill this in 2 minutes. So again this information we have to fill date of board of director meeting in consolidation financial statement approved. I will say same in my case and again I will mention all the information like mention the detail of the director who is signing it. So all these details and one more thing as I'm mentioning in meantime as you have mentioned all these information in the electronic form and you will download the offline Excel form for this after download if you feel oh I mentioned any information wrong while preparing the e form then you cannot make those changes in your excel file first you have to come online on your ID

17:57 you have to edit from here and you have to again generate the excel. So for the approximately this 20% information you cannot make changes in the excel sheet I have mentioned all these information s of 81 again name of the auditor again I'm mentioning my name again I'm giving a disclosure disclaimer I'm not a charter account auditor this is a random form I'm preparing Whether schedule 3 is applicable yes commercial industrial activity no second no. See now I will save this.

18:42 Once I will click on submit it will ask to generate the next form AOC1. AOC1 is applicable only in the cases when the company is having an associate or subsidiary. If your company is not having associate and subsidiary then you don't have to prepare the AOC1. As in the demo form I have selected yes I am having a subsidiary that's why it is generating the AOC4. If I will select no then it will not generate the AOC AOC1 AOC1. Now it is here. Again some basic information we have to fill further we have to fill in the Excel sheet. Number of subsidies I'm mentioning one. Number of subsidy which are yet to commence business zero which are strike of zero number of associate I'm mentioning one then zero again

19:28 submit now it is asking AOC2 AOC2 is showing because we have select yes in the related party transaction so AOC2 it is asking number of contract and transaction note at ARMland basis I will mention zero generally if we mention not basis even a single transaction that is against the So in that case auditor will qualify our auditor report also. So make sure maximum time this should be zero. If it is one auditor report will be qualified. Material related party transaction I said one. Let me just give a brief here. Now it is asking for the material related party transaction. Although materiality is not defined under companies act for the related transaction but section 188 of the

20:13 companies act is giving us some limit. If you are doing the transaction above this limit, you require the special resolution by the general meeting. So we can consider those limit as our materiality and if our transaction with related party crossing that limit, we should say our transaction with the related party is a material related party transaction. So I clicked on the submit. Now it is showing extract of auditor report. This will always be there. The standalone extract extract of the auditor report will always be there. Doesn't matter whatever you have selected into the form because auditor report is mandatory for all company. Whether qualification, reservation, adver remark, disclaimer I said no. Whether company's auditor report is applicable, I said yes. Then it is

20:59 submit. Now it is showing me extract of the consolidated auditor report. This is showing because I have selected consolidation. Yes. If I will select consolidation, no, it will not appear here. Qualification I will say no. General no then next director report it will always be there because director report is applicable on each and every company. So whatever option you will select director option director report and extra will always be there. Whether companies are official small company I will say no. Why I'm saying no? Because I have already selected that I'm having a subsidiary. Number of board meeting I'm saying five. Number of committee meeting I'm saying two. Detail of the loan guarantee, investment or security is given by the company under 186. Whether any loan guarantee is

21:45 given by the company or security or any other body corporate purchase. I said yes. Are there any reportable transaction on which 186 applies? I say yes. As I said yes, they are asking now tell me tell us the number of transaction. I said two. Submit. See I have done everything I have prepared all the form not fully I have prepared all the form approximately 20% because I am going for the offline mode in uh in the other case if I will go for the offline mode all the forms completely I have to prepare on online only this is just the 15 to 20% of the total form the total form is very

22:31 lengthy I will show you all the excess now how much lengthy It is and it is a time consuming also. So now they said Excel generation completed. Here is the option click to download. Let me click to download the Excel. As I click to download, you can see one JIP file is uploaded. Uh download it in the zip file. Now I will show you that how much forms are there. Let me just change the screen. So as I said already zip file is downloaded in the zip file. Let me show you how much uh folders are showing. I have just opened the zip file. I have opened the zip file and you can see total seven files are generated. EOC4

23:18 that will always be generated. Auditor report standalone it will always be generated. Board report will always be generated. So these three are mandatory. Always whenever you will file AOC4 these three file you will see always there but other files like AOC 1, AOC2 depend upon what I have selected in AOC4 other file like AOC for CFS and auditor report consolidated is is there because I have selected yes for the consolidation. So this is a complete seven files. Now one by one I have to fill all the file. Let me just show you the just a brief about some file. Let me just open the Excel. So let me show you how this Excel will look because that is important to know okay how it will look at us.

24:04 Let me just share my screen for the Excel. Excel. So best part their Excel is first giving us the instruction that how to fill this Excel. Number one MS Excel version 2021 plus or office 360 to be added this Excel. So number one latest MS office version is better to fill this file. Second this is protected Excel. This Excel is protected by so so many formula. So don't go for any deletion or something and don't delete anything which is already mentioned there. They are suggesting us not to do cut copy paste and they are suggesting us to mention the manual things. But I feel as a professional there is some issue when we have to prepare the director report

24:50 and auditor report electronically then we definitely go for the copy paste because if you go for the manual writing it will be a very lengthy task. So we will definitely go for the copy date but but as uh already disclaimer given by them in case of the copy paste file can be corrupt. Gray field means autofill. Blue field means we have to mention date format should be in this format only. Date, month, year. So all these instruction we have to read. Definitely don't consider these instruction like you read the lines mentioned at the end of the each form because we never read that. Please read the instruction. These are very important. So you can see here the AOC for completely in the Excel format and whatever information we have filled online is already filled there. You can

25:37 see in the green the gray whatever I have filled there all such information are already filled. Now the point if I have to made amendment in any of these information I'm not allowed to do so. I cannot make the amendment in any of these information here. If I have to make amendment I have to again go into my form on my login and there I have to do edit and again I have to generate the excel sheet. So they see now from here after we have to fill the form name of the service provider and everything you have to fill. I'm not going into data because you are filling the IOC for since it data is like that only. Here is the one important point as I have already shared in my earlier video. I have already shared in the updates form on the social

26:24 media that from this year previous year data will be prefilled. So it is in front of you. This is my previous year and you can see data is already prefilled and a new column is added. Reason for change in the pre-filled figure of the previous reporting per year. If you are making any amendment in the previous reporting period information then you have to mention the reason here. Now a legal thing I want to tell all of you as per section 131 no company is allowed to made changes in any financial statement and director report without approval of NCLP. If you will make change like this three in into two you will say what is the major

27:09 difference is just matter of one rupees but that one taking you against the law because law is saying even for change of any dot in the financial statement director report you require the approval from the uh NCT so this is your AOC for let me show you the draft of the some other document also let me just check you the director report let me just share my screen with you to show you the e director report which is now part of our regular work. Same here instructions are given here and the e director report is in front of you. Name is already filled. Web address you have to fill whether companies OPC and small I have selected there it is non small so no is there number of board

27:54 meeting I have mentioned there so it's already filled I just have to mention fill this same with the committee. Now this disclosure the matter of this disclosure I have already published on my blog that is ww.csv.com cvisball.com even I have mentioned this point number also in the report so you can just copy paste and fill your directory report although as per their instruction it is also mentioned here also don't copy paste copy paste may corrupt your file so we should avoid copy paste but it so we have to 24 number column is other matter to be included in director report if any matter of the director report as per section 1343 or rule 8 or rule 8A if it is not covered above you have to fill for the benefit of the professional for the health to the professional

28:39 fraternity in my draft director report at the end I have mentioned which are the disclosure of a small company which you have to mention here of non-s small company which you have to mention of public company which you have to mention here so it will be easy for you to do that task so after so now you have to fill all these excels and after filling off all these excels Your next task will be uploadation of these excels on the your SRN. First thing these excels don't require any DS or signature. These excels will be upload on the MCA website. So once you will log in, you will go into your SRN. See we have downloaded from here. Now here's the option to upload. Let me

29:26 upload it. So let me go for the uploadation once again. Let me just uh copy the path. So it will be easy for me to go for the uploadation EOC4. It is here. I will click on the upload. So now my Excel is getting upload. Now say as I have selected the wrong file. So it is showing you are uploading the wrong file. I have to select the actual file which is downloaded by this link only. I have uploaded the other file just to show you. So system will not take the other file. System will take the Excel which you have downloaded only other Excel is not possible. So make

30:11 sure whatever Excel you are downloading that is perfectly there. Otherwise if many time it happen due to copy paste or something we have downloaded some other Excel but we are uploading the other Excel. In that case this will not work. Whatever Excel you have downloaded only that will work here. Let me show you again. Let me just again share my screen. So see now I'm uploading the actual file. See now file is getting upload. So I have shown you cannot upload the any other file. Now one thing I have uploaded this. It may happen I missed some information to mention. It

30:56 may happen I mention any information wrong because of that I'm uh seeing this this red this red line whenever will show you it means there is some error in your file now what are the error how you will get to know because this is a very lengthy file you have mentioned 100 of figures here so how you will come to know what error you are getting so one of the best thing ministry have done you just have to click this your error is downloaded now your error Error file is downloaded. Now let me just open the error file and let me show you how this error file will appear. See I'm trying my best to show you each and everything here. See the error file will be look at this.

31:42 You have made the error in part B part one point number this. So this is very good. See I my complete Excel was blank. So there are the lot of errors are there. So generally definitely it will not there. So make sure whatever you are preparing prepare it properly otherwise you can see the error and you can resolve the error one by one. So this is the process of the preparation of the offline mode. Now let me show you if you will upload the actual uh excel then how it will appear. Actual excel will how appear? Let me just show you. I'm taking you on the screen. I have prepared one dummy for you. Uh I have prepared one dummy for you. In that dummy I show you key how to

32:28 proceed. Let me just share my screen with all of you. Let me just share my screen. So I just log on the site. I just went up to the same form and you can see submitted because I have already uploaded the Excel but there's the option see AOC for Excel just uh one minute back I have shown you I have uploaded an Excel and that shown the error here but now I have prepared the Excel perfectly each and every column and you can see it is perfectly uploaded and showing into the blue column. So this is and and one more thing this will

33:15 always be in a uh sequence if you getting an error in AOC4 then you will not able to upload the other thing. So once the this this file will be perfectly uploaded then only I will be able to upload the other file I will otherwise I will not. So this is some different form. I have uploaded AOC4, AOC 2, extract of the auditor report, extract of the board report because in this form I have not selected the consolidation. So it is not showing you. So I have uploaded all the excels. Now many time it's happen you want to see your form your field form before going to the uh we can say submission with the ministry. So here is the option you can just see your form like this by click here like I want to see the my electronic directory report just click here your electronic report in front of

34:01 you excels whether you have uploaded or not I can see here attachments now there's option for the attachment first in the column number A you have to attach the financial statement see they have very specifically mentioned including auditor report and other document practically even if they will not mention Still whenever I talk about financial statement, financial statement include balance sheet, P&L, cash flow, director report, auditor report and next to the auditor report just because they have mentioned financial statement this document I have to upload. I don't have any other option except that anything else you want to upload option upload in the optional AOC2 if you are having you have to upload here also in column

34:47 number A because this is the part of the financial statement you have to upload here also extract of the auditor report even though auditor report extract you have already uploaded here so you can avoid here so like this you can go for the uploadation of the document after uploadation of the document you have to proceed for the filing of the form. Once you will click on the proceed, your form will be moved to the next part. So this is the complete process you can say complete process of uh preparation of the AOC for filing of the AOC for offline mode. If I will go on the online mode, online mode is exactly the replic of the incorporation process. Everything is online. First you will prepare the

35:32 complete AOC for then you will move to the other. So once this everything attachment will be attached you have to download the PDF PDF of AOC 4 PDF of director report PDF of auditor report. So you have to download PDF of everything and you have to affix the DSC. Let me update you how to affix the DSC. AOC4 is required to be a fixed DSSE of the one director and if companies are non-s small company then one professional also. Although this is a new form, you may get the hierarchy many time asking BSC for the small companies also but legally it is not. Then electronic auditor report and electronic director report. Electronic auditor report and electronic director report also required to be get certified uh electronically signed by one director. Auditor DS is not required

36:19 on that. One director DS is enough for the electronic director report. Electronic auditor report and extra to the director report. Same with the CSS uh AOC for CFS also. So this is the complete way out. Once DS is up on the PDF, upload those PDF in your SRN and make the payment to the ROC. This is the complete process. I tried my best in this demo to cover each and everything. Even I just want to update one thing to everyone who is watching. Please listen uh that thing. As a professional, I'm creating these videos only to help the professional fraternity and the corporates because this is my passion to share the knowledge. So, I'm sharing it since last 10 year. I will try my best in next one and a half year to prepare more videos on everything about the new MCVT. I will

37:07 try to prepare more videos on the demo filing of the MGD7, demo filing of the AD1. And if anyone of you getting any error any question you can mention in the chat box you can give the questions to me on my WhatsApp group you can do the questions on the you can say in the Google form also if you're looking for the format of the director report if you're looking for the format of the auditor report as I already said you can get that in my blog and if you will fill the Google form I will share you through share the same on your uh email also on the regular basis or WhatsApp also. So if you are still not part of the WhatsApp group Gan Groupool, drop me a message with your name. I will add give you the link to join the WhatsApp group Gan Groupool. Even we are having the one WhatsApp channel also already more than

37:52 4,000 members are there. Join that channel also. So that just by that channel you will not miss any update shared by me. We are regularly sharing the uh adjudication orders uh brief. We are preparing the adjudication order. We are researching on the adjudication order. We are preparing the brief and sharing with the professional. So everyone can know okay which type of default ministry is putting the penalties. We are preparing the draft for the professional fraternity on regular basis. We are writing the articles also on the new new topic. So once you will be part of the channel and the groups now you will get it on the regular basis. Now let me take one by one the question asked by the professional and I must tell you whoever is online please be online. Sometime question asked by the other person is really helpful for us. So just five to seven more minutes please be online and

38:38 listen the question one by one please provide for MJD7 also as the form is not taking note the future date draft needed one thing I want to tell everyone these are the very new form three year back when ministry come with MCB3 we have faced so many error as on date almost 99% error has been resolved these are very new form so definitely we will face error this year let's be part let's be a helping hand to the ministry whenever we get any error let generate the tickets and send them the error so that they can come to know about the error they they can resolve it. So definitely kajali I'm I will definitely do a webinar before end of the week on the MD7 also and whatever error we are receiving hope these will be solved or resolved uh as soon as possible. Someone as which ID is better for filing the

39:25 form. See as a practicing professional I will say business ID is better for me. So I can file form for all my uh client in a single ID. If you are a company secretary of the company I will I will uh tell you to create the ID of the company and file on that ID. Do we need to attach a scan copy of the signed balance sheet and directory report in the form? Yes, a scan copy of the signed balance sheet, PNL, cash flow, director report, auditor report, an extra to director report is mandatory to attach. Is in case of the XPL same process is required. No, in the XPL you have to use any software to create a taxonomy. Then online you have to come there will be the IOC for XPL very small one pager form you have to fill it. There is one change in the IOC for XPL this year ministry have done. Now in the AOC for

40:11 XBR it is mandatory to attach signed copy of the financial statement including directory report auditor for everything. Next question during the year CSR is not applicable. Shall we need to select yes or no? If CSR is not applicable for the financial year 202425 select yeah no because we are filing the form for financial year 202425. So whatever is applicable on the company in 202425 we have to select yes or no. If CSR is applicable, do we need to file CSR2 separately or only link form? No. Now CSR2 is not a separate form. If CSR2 is applicable on you as you will select yes in AOC4, then CSR2 will also be a linked form with the AOC4. Next question. Do we need to upload signed copy of board report mandatory attached?

40:57 I already given the answer that is yes. Kindly let me know. What about notice of AGM? Notice of ASM is definitely not mandatory to attach in EOC for because notice of ASM is not part of the financial statement but as a recommendator you can attach it in the optional while filing one for appointment of our auditor. The portal is showing the error auditor is already appointed 20 companies. Yes, portal is giving this error and this is already reported to the ministry. Hope they will resolve this error soon and we will able to file other forms. So these are the certain question I received online. Sir, please highlight the annual filing for a company in the CRP. Yes. Okay. If your company is the CIP, earlier there was no option for the insolveny professional IPRP to file the annual forms like this. Earlier they have to file the CNL one

41:43 with the attachment. But now even if the company under CP the insolveny professional file the same form as I have shown you it just at the end of the form instead of the director of DSC they can affix their own DSC. This is the only change. Sir, do we have to follow the same step? No. Ma'am, as I already said, the XPRL is not the same process. Yes, you have to go online. You have to go into the MCA services annual filing. You have to click on the AOC for XPL and that will be one phaser form because you have to use the XPL software to create the complete taxonomy. Next question, when will be the next webinar will be happen? We will try to have a next webinar on Friday, but in any case, if it is not on Friday, then we will have it on the Monday. Definitely further join my

42:28 social media channels, social media and the WhatsApp group. I will update you whenever we will have a new webinar or new video. What is the better to fill online and offline mode? As I have already given this at the starting of the session, I'm again saying it is always better as per my u uh experience is the offline mode because online mode is a very big form. There may be so many issues we can face online. So better to get it download and log out your MC ID and prepare the Excel and best part if you will go for the offline and you you are using the business user ID you can prepare a form 20% online then log out and then download and log out so any other person can download prepare the form for the other companies only also but if you will prepare the online then

43:13 until unless you will not complete it if other person will log you will be log out automatically your manner will be best while preparing from AD1 the pen verification showing error definitely we will receive so many errors in the coming days let's raise the error with the ministry so that you can come to know the error and they can resolve it next question while filing edit one appointment this I have already taken this question so I have taken all the question and I try my best to discuss step by step one more thing I will upload this recording on my YouTube channel so whenever you want to check this whenever you want to see this for the reference you can say this one last thing I just want to this say to everyone as a professional see we are doing this as a professional only for the knowledge sharing we don't have any

43:58 other moto we are sharing the knowledge to help our professional fraternity I just have a request to all of you please share this knowledge with your further uh professionals and you may share the link of the video also with them the only purpose so that they can also get the benefit from this video and they can also you can say do their work properly. So please click on the like and subscribe button and share the link with your circle so that everyone can take the benefit from this video.