After Public Limited Company incorporation, next legal complication from ROC (Registrar of Companies) is annual compliances. It’s mandatory for all Public Limited companies to file annual compliances on time as per dates defined by ROC. Failure in filing compliance on time leads to heavy penalties on business.
As per Company Law, every Public Limited Company needs to file annual compliances. Annual compliances for Public Limited Company falls under the Companies Act of 2013 . Annual General meeting must held once a year after 6 months from the end of financial year, but for newly incorporated Companies, the Annual General Meeting should be held within 18 months from date of incorporation or 9 months from the date of closing of financial year, whichever is earlier. Financial year starts from 1st of April and ends on 31st March.
1. Maintain Accounts and Prepare financial statements: - Mandatory at the end of each financial year
2. Annual returns: - Once a year before 30th September. Annual return consists of information and documents that include
3. Income tax return: - Each Year on or before 30th of September.
4. Annual General Meeting: - Mandatory once a year.
5. Board meetings: - 4 in a year, at least one every quarter.
6. Director reports: - Mandatory once a year.
7. Annual Filing of Forms: - Mandatory once a year.
8. Yearly Forms by Directors: - Mandatory once a year.
It’s mandatory for all public limited companies to file annual compliance and other tax-related returns. Failing which will lead to heavy penalties or your Company in Defaulter list of ROC – Next step is to understand various implications.
Three Easy Steps for Public Limited Company Compliances
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Corpseed Procedure for Public Limited Company Compliances
a) Maintain Accounts and Prepare financial statements
b) Annual returns
c) Annual General Meeting
d) Board meetings
e) Director reports
f) Annual Filing of Forms
g) Yearly Forms by Directors
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If a customer is not satisfied with the service we provided and if he contacts our customer care helpline and files a formal complaint within 15 days of service delivery date, Corpseed would refund the entire or partial amount of Professional Fee charged for that particular service.
If a customer is having issues with our service delivery process, he has various alternatives available at his disposal to register his grievance with us. He can either email his complaint at email@example.com or he can call our 24x7 Customer Care Helpline. Also, any customer is always welcome to visit our office to lodge a complaint with the senior management.
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