Introduction to ComPANies Act, 2013
As there has been significant growth in the number of entrepreneurs in India, there has been a growth in the different types of Company registrations in India. These entrepreneurs do have expertise in their fields but everyone cannot be good at everything. Thus, there is some kind of guidance which is required under the ComPANies Act, 2013, which comprises of all the mandatory compliances which are required. Thus a Company which has been incorporated in India must ensure all the compliances with the ComPANies Act of 2013.
The ComPANies Act, 2013 regulates appointment, qualification, remuneration, and the retirement of the directors of the organisation.
It looks to those aspects of conducting Board Meetings and Shareholders Meetings.
The ComPANies Act, 2013, also accounts for the preparation and presentation of annual accounts along with the regular maintenance of books of accounts.
Types of Compliances under the ComPANies Act, 2013
The Compliances which come under the ComPANies Act, 2013 can be categorized into the following types:
After incorporation compliances under ComPANies Act, 2013
Annual compliances under ComPANies Act, 2013
Event-based compliances under ComPANies Act, 2013
After Incorporation Compliances under ComPANies Act, 2013
Verification of Registered Office
Display Company information
First Board Meeting
Appointment of auditor
Share Certificate Issuance
Disclosure of Interest by Directors
Maintenance of Minutes
Maintenance of Statutory Registers
Annual Compliances under ComPANies Act, 2013
Board Meetings
Annual General Meeting
Receipt of Form MBP-1
Receipt of Form DIR-2
Preparation of the Director’s Report
Preparation and circulation of Financial Statements
Appointment of Auditor
Filing of E-Form MGT-7
Filing of E-Form AOC-4
Event-based Compliances under ComPANies Act, 2013
Change in Directorship
Change in Registered Office Address
Increase in Authorized Capital
Change in Company Name
Registration/Amendment/ Settlement of Charge