The Ministry of Corporate Affairs (MCA) has notified the Companies (Management and Administration) Amendment Rules, 2020 which shall come into force on the date of their publication in the official gazette i.e. 28th August, 2020. Through this amendment, a new proviso has been added to Rule 12(1) as provided that a company shall not be required to attach the extract of the annual return with the Board’s report in Form No. MGT.9, in case the web link of such annual return has been disclosed in the Board’s report in accordance with sub-section (3) of section 92 of the Companies Act, 2013.

Accordingly, every company is required to place a copy of the annual return on their website, if any, and shall also put the weblink of the same in their Board’s Report. Companies would not be required to attach the Extract of Annual Return in Form MGT-9 with its Board’s Report, if the Annual Return is hosted on the website of the Company.

[Source: Notification No. G.S.R. (E) dated 28th August, 2020]