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ROC Form Filing

Overview

Every company registered in India, including private limited, limited company, one-person company, and section 8 company must file annual returns with ROC every year. It requires conducting an Annual General Meeting and filing annual accounts with ROC. AGM must be held within 6 months from the end of the financial year i.e. 30th September every year. in the case of new companies, the first AGM should be held within 18 months from the date of incorporation or 9 months from the close of the financial year whichever is earlier. Companies Act 2013 mandates that your financial year should start from 1st April and end on 31st March.

Usually, a company is required to file three forms with ROC: ROC Form MGT 7: which contains details of the shareholding structure, change in directorship, and details of the transfer of shares during the year if any. the due date for ROC Form MGT 7 would be 28th November that’s 60 days from the conclusion of AGM.

ROC Form AOC4: which contains details and annexure concerning the balance sheet of the company, Profit & Loss Account, Compliance Certificate, Registered Office Address, Register of Member, Shares and Debentures details, Debt details, and knowledge about the Management of the corporate. The maturity for ROC Form AOC 4 would be 29th October i.e. 30 days from the conclusion of the AGM.

ROC Form ADT 1: is filed for auditor appointment. The maturity for ROC Form ADT 1 would be 14th October ie, within 15 days from the conclusion of AGM.

Our Process

Step 1

Complete simple checklist

Step 2

Submit Documents such as Notice, Directors Report, Financial Statements etc.

Step 3

Forms AOC4, MGT7, ADT1 etc. are prepared and filed

Step 4

You receive acknowledgement

Benefits

Proof Of The Existence Of The Company

Regular filings with the ROC provides proof of the existence of the company. The government will update the record for the existence of the company based on the filings executed by the company. The company which has failed to provide annual filings for a long time is considered fake, or the name of the company can be struck off by the ROC.

Explicit The Financial Position

The filing of annual returns consists of the compilation of total accounts of the company for the entire year. Filing helps to analyze or determine the financial position of the company. i.e if the company is running in loss or profit.

Protection Against A Penalty

Companies that fail to file annual filings may be charged with penalties. Hence, timely filings will protect the company from the same. Appropriate annual compliance will protect the company from any legal complications.

Documents Required

Company Financials

Company Annual report

List of shareholders

Audit Report

Auditor’s appointment letter

Auditor’s consent letter

Notice of the AGM

Annual return of the company

MGT 8 (applicable to a listed company or company having a paid-up share capital of Rs. 10 Crore or more or a company with a turnover of Rs. 50 Crore or more;)

Clear All Your Doubts !

All Companies are under obligation to maintain the annual accounts which should reflect genuine and authentic information/views of its state and affairs. If even the COMPANY does not do any business in the market still it has to comply with the statutory requirement of Annual Return, profit, Balance Sheet and Income Tax Return every year. The fee depends on the capital of the Company.

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