Online Filing Process |Free Consultancy
focus more on your dream business we will take care of your legalities.
What is ROC Compliance?
Every company incorporated in India must fulfill the rules and regulations of the government. After incorporation, a private company needs to fulfill laws and provisions under Companies Act 2013 and rules made there under.
ROC ( Registrar of Companies) has been appointed under section 609 of the companies act covering the various States and Union Territories are vested with the primary duty of registering companies and LLPs floating within the individual states and therefore the Union Territories and making sure that such companies and LLPs comply with statutory requirements under the act. As per The Companies Act, there are some mandatory compliances that needs to be documented by the Company. ROC compliances are essential. Any slack will prompt punishments and other lawful issues relating to the Company. There are mandatory forms that are to be recorded alongside indicated documents and returns.
Our team Bizlegal Solutions will guide you through all these compliances required to be completed since the incorporation. You can get your ROC Compliance for Private/Public Limited Companies done through Bizlegal Solutions.
Annual ROC compliance for Private Company
- Form MGT-7- Annual Return
Form MGT-7 is the annual return of the company containing information about the company at the close of a financial year. The main information contained in the annual return or Form MGT-7 is
- Details of its Registered office of the company, its principal business activities, particulars of its holding, subsidiary and associate companies;
- Shareholding pattern of the company along with debentures and other securities details;
- Changes in Members and debenture-holders since the close of the previous financial year and complete list of the Members and Debenture holders;
- Promoters, directors, key managerial personnel along with changes therein since the close of the previous financial year;
- Meetings of members or a class thereof and Board Meetings and its various committees meetings along with attendance details;
- Remuneration of Directors and key managerial personnel;
- Penalty or punishment imposed on the company, its Directors or Officers and details of compounding of offences and appeals made against such penalty or punishment;
- Matters relating to certification of compliances, disclosures as may be prescribed.
2. Form AOC-4 – Financial Statements & Other Documents
Mostly all companies file its financial statements and relevant attachments using Form AOC-4 each year. If the financial statements of the company are not adopted in an Annual General Meeting then un-adopted financial statements should be filed within 30 days of the date of AGM.
On the other hand, if the financial statements are adopted by the company then the adopted financial statements must be filed within 30 days of the AGM. Apart from this, if the company needs to revise the financial statement or Board’s report then revised financial statements can also be filed using form AOC-4.