RoC compliances services

Manisha Mohol and Associates provides various RoC (Registrar of Companies) compliances services after the incorporation of a company. These services include:

  1. Annual Filing: As per the Companies Act, every company is required to file its annual accounts and annual returns with the Registrar of Companies (RoC) within the prescribed time limit. Manisha Mohol and Associates helps companies in preparing and filing their annual accounts and returns with the RoC.
  2. Minutes of Meeting: Minutes of the board meetings and annual general meeting need to be maintained and filed with the RoC. Our team helps in maintaining and filing the minutes of the meetings with the RoC.
  3. Change in Directors: In case of any change in directors, the company is required to intimate the RoC within 30 days. We help companies in filing the necessary forms and intimating the RoC about the changes in directors.
  4. Change in Registered Office: Any change in the registered office of the company needs to be intimated to the RoC within 30 days. Our team helps companies in filing the necessary forms and intimating the RoC about the change in registered office.
  5. Annual General Meeting (AGM): Every company is required to conduct an AGM within 6 months from the end of the financial year. We help companies in conducting their AGMs and filing the necessary forms with the RoC.
  6. Maintenance of Registers: Every company is required to maintain various statutory registers like Register of Members, Register of Directors, etc. We help companies in maintaining these registers and filing the necessary forms with the RoC.

Note: The below table is for general informational purposes only, and may not be applicable to all scenarios. Please call our office on 9527938138 and book appointment for specific guidance on RoC compliances.

Form Particulars Timeline
INC-20A Declaration of Commencement of Business Within 180 days of Incorporation
MGT-7 Filing of Annual Return Within 60 days of AGM
AOC-4 Filing of Financial Statements Within 30 days of AGM
ADT-1 Appointment of Auditor Within 15 days of AGM
MGT-14 Approval of Board for certain matters Within 30 days of Board Meeting
DIR-12 Changes in Directorship Within 30 days of Board Meeting
INC-22A Active Company Tagging Identification and Verification Within 15 days of due date
MSME Form 1 Form for furnishing half-yearly return with the Registrar 31st October (for April to September) and 30th April (for October to March)
GST Returns Monthly/Quarterly GST returns As per GST Act

Board meetings

After the incorporation of a company, the board of directors is required to hold regular meetings to ensure effective management of the company. Board meetings are a key aspect of corporate governance and provide a platform for directors to discuss and take decisions on important matters related to the company.

As per the Companies Act, 2013, a minimum of four board meetings should be held in a year, with a maximum gap of 120 days between two consecutive board meetings. This means that at least one board meeting should be held in every quarter of the financial year.

In addition to the above, a board meeting is also required to be held for the following purposes:

  1. Approval of annual financial statements: The board of directors is required to approve the company’s annual financial statements, which includes the balance sheet, profit and loss account, and cash flow statement.
  2. Approval of the annual budget: The board of directors is required to approve the company’s annual budget, which outlines the company’s financial plan for the upcoming year.
  3. Appointment of auditors: The board of directors is required to appoint auditors for the company, who will be responsible for conducting an audit of the company’s financial statements.
  4. Declaration of dividends: The board of directors is required to declare dividends for the company’s shareholders, if applicable.
  5. Approval of related-party transactions: The board of directors is required to approve any transactions entered into by the company with related parties, to ensure that they are conducted on an arms-length basis.

All board meetings should be held as per the notice given to the directors, and should have a quorum of at least one-third of the total number of directors, or two directors, whichever is higher. The minutes of the board meeting should also be recorded and maintained, as they serve as a record of the decisions taken at the meeting.

In summary, board meetings play a crucial role in the management of a company, and it is important for companies to ensure that they comply with the legal requirements related to board meetings. Manisha Mohol and Associates, as a leading Chartered Accountancy firm, assists companies in fulfilling their statutory compliance obligations, including board meeting compliances.

Manisha Mohol and Associates provides all these RoC compliances services all over India.