Overview of ROC Compliance
ROC Compliance stands for Registrar of Companies which is an office under the Indian Ministry of corporate affairs that deals with the administration of the Companies Act, 2013. Compliance appointed under section 609 of the companies act covering the various States and Union Territories vested with the primary duty of registering companies and LLPs float with respective states, the Union Territories as well as ensure such companies, LLPs comply with statutory requirements under the act.
The office of ROC functions also registry records, related to the companies registered with them, which are available for inspection by members of the public on payment of the prescribed fee. Moreover, there are currently 22 Registrars of companies (ROC) operating from offices in all major states of India.
Besides, the central government exercises administrative control over these offices through the respective Regional Directors. Such as It is important to comply with all compliances applicable to your company to avoid penalties and fines.
Our Legal Raasta team guides you on all the compliances completed, since the incorporation and your ROC Compliance for Private Limited Companies done through Legal Raasta.
What included in the ROC Compliance Package
- Compliance by Director
- Board Report
- Annual Report
- Statutory Registers update
- Drafting of Notices
- Annual Filing and its documentation(AOC4, MGT-7)
Documents required with the ROC every year
1. Form MGT-7- Annual Return
- Registered office details of the company, particulars of its holdings, principal business activities, as well as associate companies
- Debentures, share and other securities and shareholding pattern
- Indebtedness
- Debenture holders and members along with changes
- Directors, Promoters, key managerial personnel along with changes
- Members meeting
- Director’s remuneration and key managerial personnel;
- Punishment or penalty imposed on the company, its officers or director, details of compounding of offenses as well as appeals made against such penalty/ punishment
- Certification of compliances matters
- A pattern of the shareholding of the company, such as other matters as required in the form
2. Form AOC-4 – Financial Statements & Other Documents
Mostly all companies file their financial statements and relevant attachments using Form AOC-4 each year and Statements of the company not adopted in Annual General Meeting then un-adopted financial statements filed within 30 days of the date of AGM.
On the other hand, if the financial statements are adopted by the company then the adopted financial statements must be filed within 30 days of the AGM. Apart from this, if the company needs to revise the financial statement or Board’s report then revised financial statements can also be filed using form AOC-4.
If you want to get started with ROC Compliance, reach out to Chartered Accountants from Moneyम्जी ‘s homepage
