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In India, all registered companies must annually submit their financial details to the government to comply with regulatory requirements. This involves completing two critical forms: AOC-4, which provides the companyu2019s financial statements, and MGT-7, which reports the companyu2019s annual updates. Filing these forms is essential to fulfilling legal obligations. Specifically, AOC-4 focuses on the companyu2019s financial health and must be submitted to the Ministry of Corporate Affairs (MCA), which enforces both financial and non-financial regulations for companies in India.
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