RMP Private Limited is an unlisted company having: Paid-up share capital of 6 crore, andAnnual turnover of 90 crore. The company is not required to…

CA Intermediate · Corporate and Other Laws · PYQS · January 2026
RMP Private Limited is an unlisted company having: Paid-up share capital of 6 crore, andAnnual turnover of 90 crore. The company is not required to prepare its financial statements as per the Companies (Indian Accounting Standards) Rules, 2015. The company filed its financial statements for the financial year 2024-25 in Form AOC-4 (normal form) instead of Form AOC-4 XBRL. State the classes of companies required to file financial statements and documents in XBRL format under Section 137 of the Companies Act, 2013 and examine whether RMP Private Limited has complied with the applicable legal provisions.

Suggested Answer and Working Notes:

According to Rule 3 of the Companies (Filing of Documents and Forms in Extensible Business Reporting Language) Rules, 2015, the following class of companies shall file their financial statements and other documents under section 137 of the Act with the Registrar in e-form AOC-4 XBRL as per Annexure I - (i) companies listed with stock exchanges in India and their Indian subsidiaries; (ii) companies having paid up capital of five crore rupees or above; (iii) companies having turnover of one hundred crore rupees or above; (iv) all companies which are required to prepare their financial statements in accordance with Companies (Indian Accounting Standards) Rules, 2015. In the given case RMP Private Ltd., is an unlisted company having paid up share capital of 6crore and Annual Turnover of 90crore. Hence, in line with above requirements RMP Private Ltd. is required to file its financial statements for the financial year 2024-2025 in e-form AOC-4 XBRL since it is having paid up capital of five crore rupees or above. Therefore, it can be concluded that RMP Private Ltd. has not complied with the applicable legal provisions.

Topics: Accounts of Companies

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