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Government fees and third-party charges apply where mentioned.
Compliance can be complex for Private Limited Companies in India. The Companies Act, 2013 governs director appointments, shareholder meetings, regulatory filings, and other ongoing obligations.
LegallensIndia provides compliance guidance and solutions tailored to startups and established businesses, from registration through recurring statutory requirements.
The team applies its knowledge of Indian business laws and regulations to simplify company compliance.
Compliance means adhering to applicable orders, rules, and requirements. A Private Limited Company incorporated in India must comply with the Companies Act, 2013 and its obligations to the Registrar of Companies.
The Act governs the appointment, qualification, remuneration, and retirement of directors and the conduct of Board and shareholder meetings.
ROC compliance is mandatory for every Private Limited Company, irrespective of turnover or capital.
Regular yearly filings and disclosures, including annual returns and financial statements.
Filings triggered by events such as a change in management, share capital, or registered office.
Director KYC, statutory registers, and other obligations required to maintain the company's legal status.
The supplied content states that companies incorporated after November 2019 with share capital must file Form INC-20A and obtain the Commencement of Business Certificate within 180 days before starting business or exercising borrowing powers. It states a ₹50,000 company penalty and ₹1,000 per director per day for default.
The first auditor must be appointed within 30 days of incorporation and ratified by shareholders at the first AGM. Form ADT-1 must be filed within 15 days after the AGM.
The first Board Meeting should occur within 30 days of incorporation. At least four meetings must then be held each year, with no more than 120 days between meetings. Seven days' notice should state the date and purpose, and minutes must be maintained at the registered office.
The first AGM should be held within nine months after the first financial year closes. Later AGMs must be held within six months of each financial year end, with no more than 15 months between two AGMs.
The AGM addresses financial statements, dividends, auditor appointment or reappointment, commission, and director remuneration. It is held during business hours on a non-public holiday at the registered office or within its city, village, or town.
The company's financial statements must be filed through Form AOC-4 within 30 days after the AGM.
Form MGT-7 must be filed within 60 days after the Annual General Meeting.
Director appointments, resignations, and other directorship changes must be filed through Form DIR-12 within 30 days of the event.
A director whose DIN was allotted by 31 March and remains approved must submit DIR-3 KYC by 30 September each year. The supplied content states a ₹5,000 penalty for failure to file.
Deposits and specified non-deposit receipts must be reported annually through Form DPT-3 by 30 June.
| Compliance | Due Date |
|---|---|
| Commencement of Business Certificate / INC-20A | Within 180 days of incorporation |
| Auditor Appointment and ADT-1 | Within 15 days of the AGM |
| Board Meetings | According to the Board Meeting schedule |
| Annual General Meeting | Within nine months from the financial year end, as stated in the supplied table |
| AOC-4 | Within 30 days of the AGM |
| MGT-7A for Small Companies or OPCs | Within 60 days of the AGM |
| DIR-12 | Within 30 days of appointment or resignation |
| DIR-3 KYC | By 30 September each year |
| MGT-14 | Within 30 days of passing the resolution |
| DPT-3 | By 30 June each year |
| Directors' Report | At least 21 days before the AGM |
| Registers and Books | Throughout the financial year |
| Financial Statements and Reports | At least 21 days before the AGM |
Additional filings arise when specified company events occur:
The relevant forms must be filed within the prescribed periods. Delays can result in additional fees or penalties.
Depending on its activities, the company may also have obligations under the Environment Protection Act, Competition Act, Factory Act, and other applicable laws.
Breaching Companies Act rules may lead to penalties for the company and its defaulting members. Fines can continue for the duration of the default, and delayed annual filings may attract additional fees.
The platform helps entrepreneurs manage obligations, track deadlines, and generate compliance reports.
A dedicated Compliance Manager serves as the company's point of contact for compliance assistance.
The Compliance Manager helps maintain accounts and prepare financial statements at the end of each financial year.
Support covers Board Meetings, the AGM, minutes, the Directors' Report, and the Annual Report.
The team prepares the necessary documents and files the company's MCA annual return. The supplied content refers to 30 September as the filing date.
Every company must file an Income Tax Return irrespective of income, profit, or loss, including a dormant company with no transactions. The Compliance Manager prepares the documents and return.