ROC Annual Filing Consultants in India

ROC Annual Filing Consultants in India

ROC annual filing is an important aspect of a company's operations. It reports financial data and company activities. Filing a complete return is important, as failure to do so can lead to penalties such as disqualification of directors and the removal of a company's name from the RoC register. There are some bold steps, the MCA has taken to combat failure to file.

The Indian business world is constantly evolving. Each year thousands of new companies enter the business scene. Whether you are a one-person company or a large enterprise, you need to file ROC annual returns. It is also a requirement to hold annual general meetings every six or nine months after the end of your financial year, which starts on the 1st of April and ends on the 31st of March.

In India, companies must file annual returns with the Registrar of Companies (ROC). Failure to file an annual report can result in fines and penalties for the company's officers and directors. In order to avoid the risk of penalties, management faculty members should be trained in the importance of ROC compliance.

Filing an annual return with the ROC is mandatory and must be completed within 60 days of the end of the AGM. A late filing will result in an additional fee of Rs 100 per day.


 

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