In accordance with the Companies Act of 2013, it is obligatory for both listed and unlisted public limited companies to consistently submit their annual compliance reports each year. Neglecting the stipulated regulations could lead to substantial fines and potential imprisonment. The frequency of filing may differ based on the company's nature, with distinct compliance submissions necessary for listed and unlisted public limited entities. Undertaking compliance filing is a crucial and delicate procedure that demands the proficiency of skilled legal service providers.
In accordance with the Companies Act of 2013, it is obligatory for both listed and unlisted public limited companies to consistently submit their annual compliance reports each year. Neglecting the stipulated regulations could lead to substantial fines and potential imprisonment. The frequency of filing may differ based on the company's nature, with distinct compliance submissions necessary for listed and unlisted public limited entities. Undertaking compliance filing is a crucial and delicate procedure that demands the proficiency of skilled legal service providers.
A public limited company incorporated under the companies act, 2013. It is a composition a minimum of 3 directors & a minimum of 7 members.
A public limited company is authorized to offer shares of the general public. As it involves public money, annual compliances are the primary answerability to the public regarding the legal affairs of the company.
It is necessary for all Public Limited companies to register annual compliances on time as per dates given by ROC.
Failure or Improper filing compliance may lead to heavy penalties on your business.