POST INCORPORATION COMPLIANCE UNDER COMPANY UNDER COMPANIES ACT 2013

• Opening of Bank Account – Immediately after Incorporation Company needs to open bank account and every subscriber of MoA should deposit their share of contribution as agreed in MoA
• First Auditor Appointment – It should be Within 30 Days From The Date Of Incorporation in Board meeting and Filing of ADT -1 for first Auditor is not mandatory pursuant to section 139(6)
• Commencement of Business – Form INC-20A as a declaration for Commencement of Business within 6 month from incorporation, A company must not enter into any transaction or business activity before approval of INC-20A.
• Share Certificate & Franking – Share certificates shall be delivered within a period of 2 months from the date of Incorporation to First Subscribers for more details please refer below link https://taxbaniya.com/stamp-duty-payment-on-share-certificate-in-maharashtra/

Combined reading of Share Certificate and Commencement of Business, Share Amount should be brought within 2 months from date of Incorporation

• Board Meetings

Minimum 4 board meeting with an interval of maximum 120 days between 2 consecutive board meeting

Further A One Person Company, small company, dormant company and a private company (if such private company is a start-up) shall be deemed to have complied with above provisions if at least one meeting of the Board of Directors has been conducted in each half of a calendar year and the gap between the two meetings is not less than ninety days.

• Annual Closing

Preparation and Audit of Financials

Director Reports

MGT 9

Appointment of Auditors and Filing ADT 1

• Annual General Meeting

First Can be held within 9 months after year end and subsequent within 6 months after year end

• Filing      of            financial               statement (form AOC-4),
• Filing of annual return (form MGT-7),
• DIR KYC of All directors MSME Compliance half yearly
• DPT Form for Loan from directors and Relatives (DPT 3)
• Office Address KYC – Active 22A Maintenance of Minutes and
• Maintenance of Statutory records and registers

• Change in authorized or paid up capital of the Company.
• Allotment of new shares or transfer of shares.
• Giving loans to other Companies. Giving loans to directors.
• Appointment of managing or whole time director and payment of remuneration. Loans to directors.
• Opening or closing of bank accounts or change in signatories of bank account.
• Appointment or change of the statutory auditors of the Company.
• Change in the registered office of the Company (Inc-22)
• Change in the director of the Company (DIR-12).
• Change in the auditor of the Company (ADT-1).
• Change in the object of the Company. Change in the name of Company.