Board Resolution Picker

Select a company event to identify the approval route and filing obligation.

Company event

MGT-14 rule: Every special resolution and every ordinary resolution listed in s.117(3) must be filed in Form MGT-14 within 30 days of passing. Filing fee increases sharply after 30 days. Additional fee after 270 days.

VERIFY: Whether private limited companies whose shareholders and directors are identical (wholly owner-managed) are fully exempt from s.188 — MCA clarification exists for some situations; confirm with CA before skipping shareholder approval for RPTs. Whether the MGT-14 filing obligation for s.179(3) board resolutions (investments, loans, guarantees) applies to pvt ltd — the exemption under Rule 12 of Boards Meeting Rules only exempts from publication in MCA site, NOT from the filing requirement.