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RPT: Member Approval Required (S.188)

RPT exceeding prescribed threshold: Board + OR at GM, file AOC-2 and MGT-14. RPT: Member Approval Required (S.188) takes 6 steps over about 87 days and is filed with the ROC on MGT-14 and AOC-2.

6 steps~87 days start to finishfiles MGT-14files AOC-2

Last updated: 10 August 2026

What if it’s filed late?

MCA charges additional fees that rise with the delay, up to 12 times the normal filing fee. OnCompliance tracks the date and warns you before it costs anything.

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What is the timeline for RPT: Member Approval Required (S.188)?

6 steps over about 87 days, filing MGT-14 and AOC-2 with the ROC. Each deadline below runs from the step before it.

#StepForm filedDeadline
1Identify RPT Exceeding ThresholdNonewithin 3 days
2Board ApprovalNonewithin 7 days
3Pass Ordinary Resolution at GMNonewithin 30 days
4File MGT-14MGT-14within 30 days
5Prepare AOC-2 DisclosureAOC-2within 14 days
6Update RPT RegisterNonewithin 3 days

What are the steps, in order?

The 6 steps below run in order; the day counts show how long each one allows.

1

Identify RPT Exceeding Threshold

Determine the transaction exceeds prescribed thresholds and requires member approval.

within 3 days
  • Threshold exceeded
  • Member approval required
2

Board Approval

Board approves and recommends the RPT to members.

within 7 days
3

Pass Ordinary Resolution at GM

Members approve RPT via OR. Related party cannot vote.

within 30 days
4

File MGT-14

File resolution with ROC within 30 days.

within 30 days · files MGT-14
5

Prepare AOC-2 Disclosure

within 14 days · files AOC-2 · document made for you
6

Update RPT Register

Record transaction in Register of Contracts.

within 3 days
  • RPT Register updated
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Common questions

How long does RPT: Member Approval Required (S.188) take?

About 87 days across 6 steps. The first step is: Identify RPT Exceeding Threshold.

Which MCA forms are filed for RPT: Member Approval Required (S.188)?

MGT-14 and AOC-2. MGT-14 is the filing of resolutions filing under §117 of the Companies Act 2013.

What does it cost if MGT-14 and AOC-2 are filed late?

MCA charges additional fees that rise with the delay, up to 12 times the normal filing fee.

Can OnCompliance run RPT: Member Approval Required (S.188) for me?

Yes. OnCompliance runs the same steps in order, dates in view, with the paperwork made for you at each step.