Introduction
A public Limited Company is that firm that accepts members of the general public as investors. Moreover, the shares of the Company can be bought by anyone.
The annual filing is a yearly return that is mandatory in accordance with the laws, rules and regulations, as stated by the ComPANies Act, 2013. Those comPANies which are registered under the ministry of corporate Affairs in the ROC sector, then they must submit the respective form in the stipulated time period.
Also, the balance sheet and the profit and loss account has to be prepared at the end of the financial year and it has to be audited by the chartered accountant or the CA
All about the meeting pROCedure
Moreover, for a newly Incorporated Company, the Annual General Meeting has to be held within 18 months from the date of registration or 9 months from the date of closing of the financial year, whichever is earlier. After this, the meeting has to be held every 6 months prior to the ending of the financial year.
