Pvt Ltd ROC Compliance

• Company: Fine from Rs. 25,000 which may extend to Rs.500,000.
• Directors: Fine from Rs. 10,000 which may extend to Rs. 100,000.

• Penalty: Rs. 50,000 which may extend to Rs. 3,00,000 and
• Further fine: Rs. 1,000 day for which the default continues.

• 1st Board Meeting thirty days of date of incorporation and
• One Board Meeting to be held in each quarter of the financial year.
• Minutes of meeting to be prepared,Notice of Meeting should be given
• Attendance Register of every meeting to be maintained.

• Company: Fine from Rs. 25,000 and
• Director in default: liable to a penalty of Rs. 5,000.
• Non-compliance in Issue of Notice of Meeting, Director shall be liable to a penalty of Rs. 25,000.

• AGM to be held every year
• Minutes of AGM to be prepared
• Notice of AGM should be given in advance.
• Attendance Register of every General meeting to be maintained.

Default in holding AGM:

• Company and Directors: in default shall be punishable with fine which may extend to Rs. 1,00,000 and
• Rs. 5,000 for every day of delay

Minutes Book Maintenance:

• Company: Penalty upto Rs. 25,000
• Directors in default: shall be liable to a penalty of Rs. 5,000.

w.e.f 01/04/2014

• Filing Annual Return (MGT-7)
• Filing Financial Statements (AOC-4)
• ADT-1 (Auditor Appointment)

• Every company is required to file its Annual Return(MGT-7) with the ROC within 60 days of AGM.
• The Financials(AOC-4) also to be filed within 30 days of AGM.
• The Auditor Appointment (ADT-1) to be filled within 15 days from the AGM.

• Additional ROC Filing Fees: Upto 12 times of normal filing fees for each Form separately i.e. MGT-7, AOC-4 & ADT-1 (Depending on the Delay time)

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• Company: Shall be punishable with fine of Rs. 50,000 which shall extend to Rs. 5,00,000 and
• Director in default: shall be punishable with imprisonment upto 6 Months or with Minimum Fine of Rs. 50,000 which may extend to Rs 5,00,000 or with both.