ROC Compliances

ROC Compliances

ROC (Registrar of Companies) compliances are the statutory filings and obligations under the Companies Act, 2013 that every company incorporated in India must adhere to. These ensure transparency, accountability, and audit-readiness. Here’s a structured overview:

? Key ROC Compliances

    • Annual Filings

        ◦ Form MGT‑7/MGT‑7A: Annual return of the company.
        ◦ Form AOC‑4 series: Filing of financial statements (AOC‑4, AOC‑4 CFS, AOC‑4 XBRL, AOC‑4 NBFC Ind AS).
        ◦ Form ADT‑1: Appointment/reappointment of auditors.

    • Event-Based Filings

        ◦ Form PAS‑3: Return of allotment of shares.
        ◦ Form SH‑7: Increase in authorised share capital.
        ◦ Form DIR‑12: Appointment/resignation of directors.
        ◦ Form MGT‑14: Filing of resolutions with ROC.
        ◦ Form CHG‑1/CHG‑4: Creation/satisfaction of charges.

    • Other Obligations

        ◦ Holding Annual General Meeting (AGM).
        ◦ Maintaining statutory registers (members, directors, charges, etc.).
        ◦ Updating records for changes in registered office, shareholding, or management.

⚖️ Penalties for Non-Compliance

    • Heavy additional fees (₹100 per day of delay for certain forms).
    • Prosecution of directors/officers in default.
    • Risk of company being struck off by ROC.
    • Disqualification of directors for continuous defaults.