• Notification Date: 10-01-2023
• Notification No: N/A

MCA Clarifies Issues related to Filing of Forms GNL-2 and MGT-14 in MCA 21 Portal

The Ministry of Corporate Affairs (MCA) has clarified the issues relating to the filing of Forms GNL-2 (filing of prospectus related documents) and MGT-14 (filing of Resolutions relating to prospectus related documents). Problems have occurred in filing due to migration from V2 Version to V3 Version in MCA 21 Portal from 7th January, 2023 to 22nd January, 2023.  

Earlier, the Ministry has received representations requesting for clarification about filing of Form GNL-2, for the purposes of filing prospectus related documents and MGT-14 during 7th January, 2023 to 22nd January, 2023 when migration from V2 Version to V3 Version in MCA-21 Portal will be done. These forms will not be available for filing in V2 Version. The stakeholders have also stated that such forms required to be filed due to time bound activities. 

The circular issued on Monday stated that “the matter has been examined in the Ministry and it has been decided that the companies intending to file (i) Form GNL-2 (filing of prospectus related documents) and (ii) MGT-14 (filing of Resolutions relating to prospectus related documents) during 7th January, 2023 to 22nd January, 2023 on the MCA-21 Portal may file such Form in physical mode duly signed by the persons concerned as per requirements of the relevant forms, along with a copy thereof in electronic media, with the concerned Registrar without payment of fee and take acknowledgement (as per Annexure to this Circular) thereof. Such filing will be accompanied by an undertaking from the company that once the filing of such Form is enabled on the portal, the company shall file the relevant Form in electronic form on MCA-21 Portal along with fees payable as per Companies (Registration Offices and Fees) Rules, 2014.”