{"id":1177,"date":"2026-07-22T11:04:20","date_gmt":"2026-07-22T11:04:20","guid":{"rendered":"https:\/\/www.mylegalbusiness.com\/blog\/?p=1177"},"modified":"2026-07-22T11:51:20","modified_gmt":"2026-07-22T11:51:20","slug":"form-mgt-6-under-the-companies-act-2013","status":"publish","type":"post","link":"https:\/\/www.mylegalbusiness.com\/blog\/form-mgt-6-under-the-companies-act-2013\/","title":{"rendered":"Form MGT-6 under the Companies Act, 2013"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The Companies Act of 2013 wants companies to be transparent. This means companies should be open about who owns them. Sometimes a person\u2019s name is listed as the owner of a company. The company actually belongs to someone else. The Registrar of Companies needs to know about this. So, companies have to fill out Form MGT-6 to tell them.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Form MGT-6 is an important compliance that companies have to follow. A lot of companies forget to do it. If they do not fill out the form on time they might have to pay a fine.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This article will tell you everything you need to know about Form MGT-6. It will explain when you need to fill out the form, what documents you need how to fill out the form and frequently asked questions about Form MGT-6.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.mylegalbusiness.com\/blog\/form-mgt-6-under-the-companies-act-2013\/#What_is_Form_MGT-6\" >What is Form MGT-6?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.mylegalbusiness.com\/blog\/form-mgt-6-under-the-companies-act-2013\/#Legal_Provisions_Governing_MGT-6\" >Legal Provisions Governing MGT-6<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.mylegalbusiness.com\/blog\/form-mgt-6-under-the-companies-act-2013\/#What_is_Beneficial_Interest_in_Shares\" >What is Beneficial Interest in Shares?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.mylegalbusiness.com\/blog\/form-mgt-6-under-the-companies-act-2013\/#Rights_of_a_Beneficial_Owner\" >Rights of a Beneficial Owner<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.mylegalbusiness.com\/blog\/form-mgt-6-under-the-companies-act-2013\/#When_is_Form_MGT-6_Required\" >When is Form MGT-6 Required?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.mylegalbusiness.com\/blog\/form-mgt-6-under-the-companies-act-2013\/#Who_is_Required_to_File_MGT-6\" >Who is Required to File MGT-6?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.mylegalbusiness.com\/blog\/form-mgt-6-under-the-companies-act-2013\/#Forms_Related_to_MGT-6\" >Forms Related to MGT-6<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.mylegalbusiness.com\/blog\/form-mgt-6-under-the-companies-act-2013\/#Step-by-Step_Procedure_to_File_MGT-6\" >Step-by-Step Procedure to File MGT-6<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.mylegalbusiness.com\/blog\/form-mgt-6-under-the-companies-act-2013\/#Step_1_Obtain_Declaration\" >Step 1: Obtain Declaration<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.mylegalbusiness.com\/blog\/form-mgt-6-under-the-companies-act-2013\/#Step_2_Verify_Documents\" >Step 2: Verify Documents<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.mylegalbusiness.com\/blog\/form-mgt-6-under-the-companies-act-2013\/#Step_3_Update_Register_of_Members\" >Step 3: Update Register of Members<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.mylegalbusiness.com\/blog\/form-mgt-6-under-the-companies-act-2013\/#Step_4_Prepare_Form_MGT-6\" >Step 4: Prepare Form MGT-6<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/www.mylegalbusiness.com\/blog\/form-mgt-6-under-the-companies-act-2013\/#Step_5_Attach_Supporting_Documents\" >Step 5: Attach Supporting Documents<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/www.mylegalbusiness.com\/blog\/form-mgt-6-under-the-companies-act-2013\/#Step_6_Digital_Signature\" >Step 6: Digital Signature<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/www.mylegalbusiness.com\/blog\/form-mgt-6-under-the-companies-act-2013\/#Step_7_Upload_on_MCA_Portal\" >Step 7: Upload on MCA Portal<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/www.mylegalbusiness.com\/blog\/form-mgt-6-under-the-companies-act-2013\/#MCA_Filing_Fees\" >MCA Filing Fees<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/www.mylegalbusiness.com\/blog\/form-mgt-6-under-the-companies-act-2013\/#Consequences_of_Non-Compliance\" >Consequences of Non-Compliance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/www.mylegalbusiness.com\/blog\/form-mgt-6-under-the-companies-act-2013\/#Practical_Example\" >Practical Example<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/www.mylegalbusiness.com\/blog\/form-mgt-6-under-the-companies-act-2013\/#Common_Mistakes_to_Avoid\" >Common Mistakes to Avoid<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/www.mylegalbusiness.com\/blog\/form-mgt-6-under-the-companies-act-2013\/#Conclusion\" >Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/www.mylegalbusiness.com\/blog\/form-mgt-6-under-the-companies-act-2013\/#Frequently_Asked_Questions_FAQs\" >Frequently Asked Questions (FAQs)<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_Form_MGT-6\"><\/span><strong>What is Form MGT-6?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Form MGT-6 is a return filed by a company with the Registrar of Companies (ROC) whenever it receives a declaration regarding beneficial interest in shares under Section 89 of the Companies Act, 2013.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The form informs the ROC that the person whose name appears in the Register of Members is different from the person who actually enjoys the beneficial ownership of those shares.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Legal_Provisions_Governing_MGT-6\"><\/span><strong>Legal Provisions Governing MGT-6<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The filing of Form MGT-6 is governed by:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Section 89(6) of the Companies Act, 2013<\/li>\n\n\n\n<li>Rule 9(3) of the Companies (Management and Administration) Rules, 2014<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Section 89 requires:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>the registered owner to declare that he is not the beneficial owner;<\/li>\n\n\n\n<li>the beneficial owner to declare his beneficial interest; and<\/li>\n\n\n\n<li>the company to file Form MGT-6 with the ROC within the prescribed time after receiving such declarations.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_Beneficial_Interest_in_Shares\"><\/span><strong>What is Beneficial Interest in Shares?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">A beneficial owner is the person who actually enjoys the ownership rights attached to shares, even though the shares are registered in someone else&#8217;s name.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The registered owner merely holds the shares in his name without enjoying the actual benefits.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Rights_of_a_Beneficial_Owner\"><\/span><strong>Rights of a Beneficial Owner<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Right to receive dividends<\/li>\n\n\n\n<li>Right to economic benefits<\/li>\n\n\n\n<li>Right to sale proceeds<\/li>\n\n\n\n<li>Any other beneficial rights arising from ownership<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"When_is_Form_MGT-6_Required\"><\/span><strong>When is Form MGT-6 Required?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">MGT-6 is required whenever:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Shares are held in the name of one person but beneficial ownership belongs to another person.<\/li>\n\n\n\n<li>There is any change in beneficial ownership.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Fresh declarations under Section 89 are received by the company.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Who_is_Required_to_File_MGT-6\"><\/span><strong>Who is Required to File MGT-6?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The responsibility to file MGT-6 lies with the company, not the shareholders.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Before filing MGT-6:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Registered Owner submits declaration to the company.<\/li>\n\n\n\n<li>Beneficial Owner submits declaration to the company.<\/li>\n\n\n\n<li>The company records the declaration in the Register of Members.<\/li>\n\n\n\n<li>Thereafter, the company files Form MGT-6 with the ROC.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Forms_Related_to_MGT-6\"><\/span><strong>Forms Related to MGT-6<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><td><strong>Form<\/strong><\/td><td><strong>Purpose<\/strong><\/td><td><strong>Filed By<\/strong><\/td><\/tr><\/thead><tbody><tr><td>MGT-4<\/td><td>Declaration by Registered Owner<\/td><td>Registered Owner<\/td><\/tr><tr><td>MGT-5<\/td><td>Declaration by Beneficial Owner<\/td><td>Beneficial Owner<\/td><\/tr><tr><td>MGT-6<\/td><td>Return to ROC<\/td><td>Company<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Timeline for Filing<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The company must file Form MGT-6 within 30 days from the date of receipt of the declaration from the registered owner\/beneficial owner.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Information Required for Filing MGT-6<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The following details are generally required for filing MGT-6:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Company Details<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>CIN<\/li>\n\n\n\n<li>Company Name<\/li>\n\n\n\n<li>Registered Office Address<\/li>\n\n\n\n<li>Email ID<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Share Details<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Number of shares<\/li>\n\n\n\n<li>Distinctive numbers<\/li>\n\n\n\n<li>Class and type of shares<\/li>\n\n\n\n<li>Face value<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Paid-up value<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Registered Owner Details<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Name<\/li>\n\n\n\n<li>Address<\/li>\n\n\n\n<li>PAN\/Passport\/Registration Number<\/li>\n\n\n\n<li>Nationality<\/li>\n\n\n\n<li>Date of entry in Register of Members<\/li>\n\n\n\n<li>Date of declaration<\/li>\n\n\n\n<li>Date of receipt of declaration<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Beneficial Owner Details<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Name<\/li>\n\n\n\n<li>Address<\/li>\n\n\n\n<li>PAN\/Passport\/Registration Number<\/li>\n\n\n\n<li>Nationality<\/li>\n\n\n\n<li>Date of acquiring beneficial interest<\/li>\n\n\n\n<li>Nature of beneficial interest<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Attachments Required<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The following documents are generally attached:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Declaration received under Section 89<\/li>\n\n\n\n<li>Instrument\/document creating beneficial interest (if applicable)<\/li>\n\n\n\n<li>Board Resolution or Authorisation (where required)<\/li>\n\n\n\n<li>Optional supporting documents, if any.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Step-by-Step_Procedure_to_File_MGT-6\"><\/span><strong>Step-by-Step Procedure to File MGT-6<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The procedure to file MGT-6 are enumerated below:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Step_1_Obtain_Declaration\"><\/span><strong>Step 1: Obtain Declaration<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Receive declarations from the registered owner and beneficial owner under Section 89.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Step_2_Verify_Documents\"><\/span><strong>Step 2: Verify Documents<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Verify:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Shareholding details<\/li>\n\n\n\n<li>PAN details<\/li>\n\n\n\n<li>Beneficial ownership particulars<\/li>\n\n\n\n<li>Supporting documents<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Step_3_Update_Register_of_Members\"><\/span><strong>Step 3: Update Register of Members<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Record the declaration in the Register of Members before filing MGT-6.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Step_4_Prepare_Form_MGT-6\"><\/span><strong>Step 4: Prepare Form MGT-6<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Enter:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Company details<\/li>\n\n\n\n<li>Share particulars<\/li>\n\n\n\n<li>Registered owner details<\/li>\n\n\n\n<li>Beneficial owner details<\/li>\n\n\n\n<li>Nature of beneficial interest<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Step_5_Attach_Supporting_Documents\"><\/span><strong>Step 5: Attach Supporting Documents<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Upload all mandatory attachments.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Step_6_Digital_Signature\"><\/span><strong>Step 6: Digital Signature<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The form should be digitally signed by an authorised director, manager, CEO, CFO or Company Secretary, as applicable, in accordance with the MCA filing requirements.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Step_7_Upload_on_MCA_Portal\"><\/span><strong>Step 7: Upload on MCA Portal<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Upload the eForm on the MCA portal, pay the prescribed filing fee, and preserve the SRN and acknowledgement for future reference.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"MCA_Filing_Fees\"><\/span><strong>MCA Filing Fees<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The filing fee depends upon the company&#8217;s authorised share capital as prescribed under the Companies (Registration Offices and Fees) Rules.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Additional fees become applicable if the form is filed after the prescribed due date.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Consequences_of_Non-Compliance\"><\/span><strong>Consequences of Non-Compliance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Failure to comply with Section 89 and Form MGT-6 requirements may result in:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Penalty under the Companies Act, 2013.<\/li>\n\n\n\n<li>Non-disclosure of actual beneficial ownership.<\/li>\n\n\n\n<li>Compliance issues during due diligence, mergers, investments and audits.<\/li>\n\n\n\n<li>ROC observations during inspection or scrutiny.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Practical_Example\"><\/span><strong>Practical Example<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Example 1<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Mr. A holds 5,000 equity shares in his name.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">However, the shares actually belong to Mr. B.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Mr. A is the Registered Owner.<\/li>\n\n\n\n<li>Mr. B is the Beneficial Owner.<\/li>\n\n\n\n<li>Both submit declarations to the company.<\/li>\n\n\n\n<li>The company files Form MGT-6 within 30 days.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Common_Mistakes_to_Avoid\"><\/span><strong>Common Mistakes to Avoid<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Missing the 30-day filing deadline.<\/li>\n\n\n\n<li>Incorrect share particulars.<\/li>\n\n\n\n<li>Wrong dates of declaration.<\/li>\n\n\n\n<li>Failure to update the Register of Members.<\/li>\n\n\n\n<li>Missing supporting documents.<\/li>\n\n\n\n<li>Filing without obtaining declarations under Section 89.<\/li>\n\n\n\n<li>Incorrect details of beneficial ownership.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Form MGT-6 is an important form that helps make shareholding clear. It makes sure the Registrar of Companies knows when the person who owns shares and the person who really has control of shares are not the same. Companies must make a plan to quickly get declarations under Section 89. They must update their records and file Form MGT-6 on time.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This helps avoid fines and makes sure companies are run properly. Filing Form MGT-6 on time also helps companies follow the rules better. The ROC must be informed through Form MGT-6 whenever the registered owner and the beneficial owner of shares are different.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Companies should establish a process to promptly obtain declarations under Section 89 and update their registers.They should file Form MGT-6 within the timeline to avoid any issues.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_FAQs\"><\/span><strong>Frequently Asked Questions (FAQs)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>1. What is Form MGT-6?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It is a return filed by a company with the ROC after receiving declarations relating to beneficial ownership of shares under Section 89 of the Companies Act, 2013.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>2. Which section governs Form MGT-6?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Section 89(6) of the Companies Act, 2013 read with Rule 9(3) of the Companies (Management and Administration) Rules, 2014.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>3. Who files Form MGT-6?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The company files Form MGT-6 with the ROC.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>4. What is the due date for filing MGT-6?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Within 30 days from the date of receipt of the declaration by the company.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>5. Is MGT-6 mandatory for private companies?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Yes. The requirement applies to every company whenever Section 89 becomes applicable.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>6. Can MGT-6 be filed after the due date?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Yes, but additional filing fees may apply and the company may be exposed to penalties for non-compliance.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>7. Is MGT-6 required when there is no beneficial owner?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">No. It is required only where the registered owner and beneficial owner are different.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>8. Is Board approval mandatory before filing MGT-6?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Act does not specifically mandate a Board Resolution for filing MGT-6, although companies may authorise an officer or director as part of their internal governance process.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>9. Is MGT-6 required for nominee shareholding in a wholly owned subsidiary?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Generally, yes, where the nominee is the registered owner and the holding company is the beneficial owner, subject to the declarations under Section 89 being applicable.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>10. Which documents should be preserved after filing?<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Declarations received under Section 89<\/li>\n\n\n\n<li>Supporting instruments<\/li>\n\n\n\n<li>Board authorisation (if any)<\/li>\n\n\n\n<li>SRN acknowledgement<\/li>\n\n\n\n<li>Updated Register of Members<\/li>\n<\/ul>\n\n\n\n<blockquote class=\"wp-block-quote has-pale-cyan-blue-background-color has-background is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\"><strong>ALSO READ<\/strong><\/p>\n<\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.mylegalbusiness.com\/blog\/llp-form-8-vs-form-11\/\"><strong>LLP Form 8 vs Form 11<\/strong><\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.mylegalbusiness.com\/blog\/pvt-ltd-vs-llp-vs-opc-which-one-to-choose\/\"><strong>Pvt Ltd vs LLP vs OPC<\/strong><\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.mylegalbusiness.com\/blog\/llp-annual-compliance-checklist\/\"><strong>LLP Annual Compliance Checklist<\/strong><\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.mylegalbusiness.com\/blog\/how-to-change-the-name-of-llp\/\"><strong>How to Change the name of LLP<\/strong><\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.mylegalbusiness.com\/blog\/who-can-start-an-llp-in-india\/\"><strong>Who Can Start an LLP in India<\/strong><\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.mylegalbusiness.com\/section-8-company-registration.php\"><strong>Section 8 company registration<\/strong><\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.mylegalbusiness.com\/blog\/conversion-of-partnership-firm-into-llp\/\"><strong>Conversion of Partnership Firm into LLP<\/strong><\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.mylegalbusiness.com\/blog\/private-limited-company-vs-llp\/\"><strong>Private Limited Company vs LLP<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Companies Act of 2013 wants companies to be transparent. This means companies should be open about who owns them. Sometimes a [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":1178,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[],"class_list":["post-1177","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-companies-act"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Form MGT-6 under the Companies Act, 2013<\/title>\n<meta name=\"description\" content=\"Complete guide to Form MGT-6 covering beneficial interest reporting, required documents, filing procedure, and MCA compliance.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.mylegalbusiness.com\/blog\/form-mgt-6-under-the-companies-act-2013\/\" \/>\n<meta property=\"og:locale\" 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