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ROC ANNUAL COMPLIANCE REQUIREMENTS FOR PRIVATE LIMITED COMPANIES IN INDIA 1
WHAT IS THE LEGAL FRAMEWORK GOVERNING PRIVATE LIMITED COMPANIES IN INDIA?
Private Limited Companies are governed by the Companies Act, 2013, under the Ministry of Corporate Affairs (MCA).
2
WHAT ARE THE KEY FEATURES OF PRIVATE LIMITED COMPANIES?
Private Limited Companies offer limited liability, a separate legal entity, ease of incorporation, equity fundraising, and continuity of existence.
3
WHAT IS THE FRAMEWORK FOR COMPLIANCE UNDER THE COMPANIES ACT, 2013?
The Companies Act, 2013 provides the legal framework, outlining rules and regulations for Private Limited Companies' operations.
4
WHAT ARE THE MANDATORY ANNUAL COMPLIANCES FOR PRIVATE LIMITED COMPANIES?
Mandatory compliances include the appointment of auditors, obtaining a Commencement of Business Certificate, conducting Annual General Meetings (AGMs), and maintaining statutory registers.
5
WHAT ARE EVENT-BASED COMPLIANCES FOR PRIVATE LIMITED COMPANIES?
Event-based compliances include notifying the Registrar of Companies (ROC) about changes in directors, alterations in authorized share capital, and amendments to the Memorandum and Articles of Association.
6
HOW OFTEN SHOULD PRIVATE LIMITED COMPANIES CONDUCT BOARD MEETINGS?
Private Limited Companies must hold a minimum of four board meetings annually, with a maximum gap of 120 days between consecutive meetings.
7
WHAT IS THE DEADLINE FOR FILING THE ANNUAL RETURN FOR PRIVATE LIMITED COMPANIES?
Private Limited Companies must file their annual return (form MGT-7/MGT-7A) within 60 days of the AGM.