Event Based Compliances in a Company

Event Based Compliances in a Company - Overview

Event-based Company ROC compliance are mandatory compliances apart from the usual and mandatory periodical and annual compliances made by the Organisation with ROC and other respective administrative authorities. Event-based compliances relate to any adventitious or unforeseen tasks, events, or new dimensions of a company.

In stock, the event-based company compliancesare one-time, frequent, or occasional reporting or agreements, which are both required by the concerned laws or are desirable, to remain legal perfect and protected. Every change in any registered particulars associated with the company is to be reported appropriately to the relevant ROC and other regulatory/statutory authorities. Again, the directors are entitled to ensure that the activities of the company do not deviate from the rules and provisions given in its MOA and AOA. The company acts in a fully responsible and reliable manner without making any illegal or willful negligence of its obligations, primarily including disclosure of correct information (to all people and companies concerned) about its current financial status and business activities

Examples of Event-Based Compliances of Companies

Appointment or Resignation of a Director;
Appointment of Managing Director;
Change in the statutory auditors;
Transfer of Shares;
Increase of Authorized Capital;
Change of Name of Company;
Change of Object of Company;
Change in Registered Office address
Registration / Modification or Satisfaction of Charge etc.
Appointment of Auditor
Statutory Audit of Accounts
Filing of Annual Return (Form MGT-7)
Filing of Financial Statements (Form AOC-4)Board Meetings
Annual General Meeting
Preparation of Directors' Report
ITR and Audit requirement