Company Compliance

Every company registered under the Companies Act, 2013, whether a Private Limited Company, One Person Company (OPC), Limited Company, or Section 8 Company, is required to fulfil certain statutory obligations on a regular basis. These obligations, collectively known as “Company Compliance,” are mandatory irrespective of the company's turnover, profit, or business activity. Compliance ensures transparency, protects the interests of stakeholders, and helps the company avoid penalties, disqualification of directors, or striking off of the company's name from the Register of Companies.

LLP Compliance

A Limited Liability Partnership (LLP) is a hybrid business structure that combines the flexibility of a partnership with the limited liability feature of a company. It is registered and regulated under the Limited Liability Partnership Act, 2008 and the rules framed thereunder. Like a company, an LLP is a separate legal entity, and it is required to fulfil certain statutory obligations every year, commonly referred to as “LLP Compliance,” irrespective of whether the LLP has carried out any business activity during the year.

OPC Compliance

A One Person Company (OPC) is a company incorporated by a single individual under Section 2(62) of the Companies Act, 2013, and is a distinct category introduced to enable solo entrepreneurs to enjoy the benefits of a corporate structure and limited liability without the need for a second member.

Company Name Change

Registered Office Change

Every company incorporated under the Companies Act, 2013 is required to have a registered office within 30 days of incorporation, capable of receiving and acknowledging all official communications and notices. Circumstances such as business expansion, cost optimisation, consolidation of operations, or relocation of promoters may require a company to shift its registered office.

DIN eKYC Filing

A company may, at any time, wish to change its name on account of a change in business activity, rebranding, group restructuring, addition or deletion of the word “Private,” conversion of the company, or resolution of a name-similarity/trademark objection.

DIN Reactivation

A Director Identification Number (DIN) allotted to an individual may become inactive under certain circumstances specified under the Companies Act, 2013 and the Companies (Appointment and Qualification of Directors) Rules, 2014.

Director Change

The Board of Directors of a company is not static and may change over time on account of appointment of new directors, resignation or retirement of existing directors, or removal of a director by the shareholders.

Remove Director

A company may need to remove a director from office before the expiry of their tenure on account of loss of confidence, non-performance, conflict of interest, breach of fiduciary duty, or other valid business reasons.

ADT-1 Filing

Every company registered under the Companies Act, 2013 is required to appoint a statutory auditor to audit its books of account and financial statements. Once the appointment (or re-appointment) of an auditor is made by the company, it must be intimated to the Registrar of Companies (ROC) by filing Form ADT-1, in accordance with Section 139(1) of the Companies Act, 2013 read with Rule 4 of the Companies (Audit and Auditors) Rules, 2014.

DPT-3 Filing

Every company is required to disclose particulars of deposits and other outstanding receipts of money or loans that are not treated as deposits, in order to give the Registrar of Companies (ROC) visibility into the company's borrowings and inter-corporate/related-party funding.

LLP Form 11 Filing

Every Limited Liability Partnership (LLP) registered under the Limited Liability Partnership Act, 2008 is required to file an Annual Return with the Registrar of Companies (ROC), summarising key particulars of the LLP as they stood at the close of the financial year.

Dormant Status Filing

A company that is formed for a future project, or that holds an asset or intellectual property but has no significant accounting transactions, or that is otherwise inactive, may apply to the Registrar of Companies (ROC) to obtain the status of a “Dormant Company” under Section 455 of the Companies Act, 2013 read with the Companies (Miscellaneous) Rules, 2014. Dormant status allows such a company to remain on the register with significantly reduced compliance obligations, instead of either continuing to bear full annual compliance costs or being struck off.

MOA Amendment

The Memorandum of Association (MOA) is the charter document of a company that defines its name, registered office, objects, liability of members, and share capital. It sets out the fundamental scope and framework within which the company is permitted to operate. As a company grows or its business needs change, it may become necessary to amend one or more clauses of the MOA – commonly referred to as “MOA Amendment” – which is governed by Section 13 of the Companies Act, 2013 read with the Companies (Incorporation) Rules, 2014.

AOA Amendment

The Articles of Association (AOA) are the internal rulebook of a company, governing the management of its internal affairs, relationship between the company and its members, and the rights, duties, and powers of directors and shareholders. Unlike the Memorandum of Association, which defines the company's external scope, the Articles regulate how the company functions internally – covering matters such as share transfer, board proceedings, voting rights, and dividend distribution.

Authorized Capital Increase

The Authorised Share Capital of a company is the maximum amount of share capital that the company is permitted to issue to its shareholders, as stated in the Capital Clause of its Memorandum of Association. A company cannot issue shares beyond its authorised capital at any point in time; if it wishes to raise further equity funding, bring in new investors, or issue additional shares (including bonus shares) beyond the existing limit, it must first increase its authorised share capital.

Share Transfer

Shares of a company are movable property and are, subject to the provisions of the Companies Act, 2013 and the company's Articles of Association, transferable from one person to another. “Share Transfer” refers to the voluntary transfer of ownership of shares by an existing shareholder (transferor) to another person (transferee), whether an existing shareholder or a new investor, in exchange for consideration. Share transfer is governed by Section 56 of the Companies Act, 2013 read with the Companies (Share Capital and Debentures) Rules, 2014, and, for a private company, is additionally subject to any restrictions contained in its Articles of Association.

Demat of Shares

Dematerialisation (“Demat”) is the process of converting physical share certificates into an electronic (dematerialised) form, which is then held in a demat account with a Depository Participant (DP), linked to a central Depository – the National Securities Depository Limited (NSDL) or the Central Depository Services Limited (CDSL). Once shares are dematerialised, ownership and transfer are recorded and tracked electronically, eliminating the risks associated with physical certificates such as loss, theft, forgery, and delays in transfer.

Winding Up – LLP

An LLP that has ceased to carry on business, or that its partners no longer wish to continue, must be formally closed on the records of the Registrar of Companies (ROC); merely discontinuing operations without closure leaves the LLP legally in existence, exposing its partners to continuing compliance obligations and potential penalties. Closure of an LLP can be achieved in two ways: (a) Striking off the name of the LLP under Rule 37 of the LLP Rules, 2009 (the quicker, most commonly used route for defunct LLPs), or (b) Winding up of the LLP under Sections 63 to 65 of the LLP Act, 2008 (a more elaborate process, used where the LLP has assets/liabilities to be settled through a formal liquidation, either voluntarily or by order of the Tribunal).

Winding Up – Company

A company that has ceased business, or whose promoters/shareholders no longer wish to continue it, must be formally closed on the records of the Registrar of Companies (ROC); merely discontinuing operations without formal closure leaves the company legally in existence, exposing its directors and shareholders to continuing compliance obligations, penalties, and potential disqualification. “Winding up” is the general term used for the process by which a company's affairs are wound up, its assets realised, its liabilities discharged, and the company ultimately dissolved and removed from the register.

Commencement Filing (INC-20A)

Every company incorporated on or after 2nd November 2018, having a share capital, is required to obtain a Certificate of Commencement of Business before it can start any business operations or exercise any borrowing powers. This requirement, introduced through the insertion of Section 10A into the Companies Act, 2013, is fulfilled by filing a declaration in Form INC-20A with the Registrar of Companies (ROC), confirming that the subscribers to the Memorandum have paid the value of shares agreed to be taken by them at the time of incorporation.