First year compliance for a Private Limited Company
- Team adworth
- Jun 8, 2021
- 1 min read
A newly incorporated private limited company needs to comply with following requirements. It covers from first board meeting till its first annual general meeting.
First Board meeting should be held in 30 days from the incorporation.
Every director should submit duly filled form MBP-1 – disclosure of interests.
First auditor should be appointed within 30 days of incorporation.
Every company is mandatorily maintained statutory registers, minutes of board meeting and AGM.
Shares certificate in SH-1 should be issued with 2 months from the incorporation.
File INC-20A within 180 days of its incorporation
Companies having outstanding payments to Micro or Small Enterprises for a period exceeding 45 days shall file MSME I with the Registrar of Companies (ROC) on half yearly basis on or before 31st October and 30th April every year.
Company’s having outstanding loan or amount as on 31st March shall file return of deposit in DPT-3 on or before 30th June of immediately following financial year.
First AGM should be held within 9 months from the closure of the first financial year.
ADT-1 for the appointment of Auditor in AGM should be filed within 15 days of AGM.
File AOC-4 with Registrar of Companies within 30 days of AGM.
File MGT-7 with Registrar of Companies within 60 days of AGM.
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