MCA notifies the Companies (Accounts) Amendment Rules, 2020, whereby new Rule 12(1A) has been inserted requiring every NBFC (covered under Ind AS Rules) to file the financial statements with ROC together with Form AOC-4 NBFC (Ind AS) and the consolidated financial statement, if any, with Form AOC-4 CFS NBFC (Ind AS), as under:
Companies (Accounts) Amendment Rules, 2020: MCA Notification dt. 30th January 2020
G.S.R. (E).- In exercise of the powers conferred by sub-sections (1) and (3) of section 128, sub section (3) of section 129, section 133, section 134 and section 138 read with section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the Companies (Accounts) Rules, 2014, namely:-
1. (1) These rules may be called the Companies (Accounts) Amendment Rules, 2020. (2) They shall come into force on the date of their publication in the Official Gazette.
2. In the Companies (Accounts) Rules, 2014 (hereinafter referred to as the said rules), in rule 12, after sub-rule (1), the following sub-rule shall be inserted, namely:-
“(1A) Every Non-Banking Financial Company (NBFC) that is required to comply with Indian Accounting Standards (Ind AS) shall file the financial statements with Registrar together with Form AOC-4 NBFC (Ind AS) and the consolidated financial statement, if any, with Form AOC-4 CFS NBFC (Ind AS).”.
(3) In the said rules, in the Annexure, after Form AOC-4 CFS, the following forms shall be inserted, namely:- (contd… please refer above attachment for complete format of newly introduced e-forms mentioned below)
1. FORM NO. AOC-4-NBFC (Ind AS)
[Pursuant to section 137 of the Companies Act, 2013 and sub-rule (1A) of rule 12 of Companies (Accounts) Rules, 2014]
Form for filing financial statement and other documents with the Registrar
2. FORM NO. AOC-4 CFS NBFC (Ind AS)
[Pursuant to section 137 of the Companies Act, 2013 and sub-rule (1A) of rule 12 of the Companies (Accounts) Rules, 2014]
Form for filing consolidated financial statements and other documents with the Registrar