A Private Limited Company is the maximum form of starting a business; the various compliances are required to be followed once your business is incorporated.
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Company law provides legal compliance that are required to be followed by every company like reporting of financial results, reporting of changes in management, maintenance of statuary registers, auditing of accounts etc.
All the compliances provided under the Company Law may be divided in two parts :
- Mandatory Compliances
- Event Based Compliances.
Event Based Compliances
| Compliance Name | Timing Limit | Form to be Filled |
| Increase in Authorized Share Capital | Within 30 days of change | SH-7 |
| Issuing of Shares | Within 15 days of issuing shares | PAS-3 |
| Change of name of Company | Within 60 Days | INC-24 |
| Change in registered office | Within 15 days of change | INC-22 |
| Change in directors | Within 30 days of change | DIR-12 |
| Change in secured borrowing | Within 30 days of creation or satisfaction of modification of charge | CHG-1 |
| Conversion of Company | – | INC-27 |
| Filling of resolution and agreements | Within 30 days from the date of passing board resolution | MGT-14 |
| Change statutory auditor before expire date | Within 30 days | ADT-2 |
| KYC of Directors | Before 30th April of next financial year | DIR-3 KYC |
| Report for disqualification of the Director | With 30 days | DIR-9 |