Complete List of Event Based ROC Compliance of Company
Overview : Event-based Compliances are certain types of compliances that must be fulfilled by a private limited company when certain events or situations occur. The need for event-based compliances may occur at specific events like changes in the company’s credentials, new appointments, unexpected removal of an officer, or changes in the company’s capital, etc. The blog highlights various event-based ROC Compliances that pvt limited companies must follow.
Event-based compliance refers to the set of compliance requirements that a Private Limited Company must fulfill only when certain specified events or situations occur. The frequency of fulfilling these compliances will depend on the frequency of these events occurring during the company’s operations. Our blog provides a detailed discussion of all such event-based compliance requirements to ensure your complete understanding.
What Are Event-Based Compliances?
After incorporating with the Registrar of Companies, businesses are obligated to fulfill a significant number of tax and other statutory compliances. These include one-time compliances, which only need to be fulfilled once after incorporation, annual compliances, which must be fulfilled every year, and regular compliances, which must be fulfilled on a monthly, quarterly, or other shorter duration as prescribed by law.
In addition to the aforementioned compliances, companies are also required to meet specific event-based compliances that arise when certain prescribed events or circumstances occur after the incorporation of the company. These circumstances may include sudden changes in the company’s credentials, new appointments, unexpected removal of an officer, or alterations in the company’s capital. Please refer to the table below for comprehensive information on a company’s event-based compliances.
Event-Based Compliances of a Private Limited Company
The table below provides a comprehensive discussion of each and every event-based compliance requirement that a Private Limited Company must fulfill. It includes precise information about the objective of such compliances, their prescribed due dates, and the consequences or penalties for non-compliance.
S.No. | List of Compliances | Details / Due Dates / Penalties |
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1 | Change in Company’s Registered Office (INC-22) |
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2 | Change in Company’s Directors (DIR-12) |
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3 | Increase in Authorized Capital (SH-7) |
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4 | Increase in Paid Up Capital (PAS-3) |
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5 | CHG-1 / CHG-9 |
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6 | Change in Company’s Name (INC-24) |
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7 | BEN-2 |
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8 | AOC-5 |
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Conclusion
With our detailed overview on event-based compliances of Private Limited Company, you have hopefully got a distinct clarity on the subject by now. However, if you still have any further doubts and queries, or are seeking any clarification or additional information on the subject, feel free to ask us in the comments, or contact our startup advisors directly for expert guidance and assistance. You can also fill the Enquiry Form to avail of our quality and affordable annual compliance services offered anywhere in India.
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