Compliance Calendar under Company Act & SEBI Act

Compliance Calendar under Companies Act and SEBI Act

A compliance calendar helps companies track these and other regulatory requirements, ensuring timely compliance and mitigating the risk of penalties or regulatory action. Companies often customize their compliance calendars based on their specific industry, size, and regulatory obligations. Regular updates to the calendar are essential to reflect changes in laws, regulations, and compliance requirements.

What is Compliance applicable to the Unlisted Public Companies registered in India?

Compliances Applicable to Unlisted Public Companies : It’s essential for unlisted public companies to stay updated with changes in laws, regulations, and compliance requirements to ensure timely adherence and avoid penalties or regulatory action, Compliance requirements applicable to unlisted public companies registered in India encompass various regulatory obligations mandated primarily by the Companies Act, 2013, and other relevant regulations. Like Annual General Meeting (AGM), Appointment of Auditors, Filing of Financial Statements, Filing of Annual Returns, Board Meetings, Appointment and Remuneration of Directors, Related Party Transactions, Corporate Social Responsibility (CSR), similarly Compliance with SEBI Regulations also required to full file, Other Regulatory Compliances like RBI, SEBI, etc. .Adhering to these compliance requirements is crucial for unlisted public companies to maintain regulatory compliance, uphold corporate governance standards, and mitigate the risk of penalties or regulatory actions.

Applicable Provision under Companies Act,  2013	Kind of ROC & other Compliance	Reporting Statutory Authority	Form Required to be file	Timeline Date	Statutory Timeline
Section 10A	commencement of business Declaration	Registrar of Companies	ROC FORM INC-20A	Within 180 days from the incorporation date	Within 180 days from the incorporation date
Section 89(6)	Return to Registrar for declaration received u/s  89	Registrar of Companies	ROC FORM MGT-6	Within 30 days from the receipt of the declaration by the company	Within 30 days from the receipt of the declaration by the company
Section 90(4)	Return to the registrar regarding the declaration received u/s 90	Registrar of Companies	ROC FORM BEN-2	Within 30 days from the receipt of the declaration by the company	Within 30 days from the receipt of the declaration by the company
Rule 12A of Companies (Appointment and Qualification of Directors) Rules 2014	Directors’ KYC by every Individual  who holds a DIN	Registrar of Companies	ROC FORM DIR-3 KYC	30th September	Within 6 months from the end of the financial year
Section 117	Filing  of  Resolutions and agreements to the Registrar	Registrar of Companies	ROC FORM MGT-14	Within 30 days of the passing of the resolution/entering into an agreement	Within 30 days of the passing of the resolution/entering into agreement
Section 139	Notice to the Registrar by the company for appointment of an auditor	Registrar of Companies	ROC FORM ADT-1	Within 15 days of the appointment of an auditor	Within 15 days of the appointment of an auditor
Section 139(6)	Appointment of 1st Statutory Auditor	Not Applicable	Not Applicable	Within 30 days from the incorporation date	Appoint within 30 days from the incorporation date
Section 140	Notice of resignation by the auditor	Registrar of Companies	ROC FORM ADT-3	Within 30 days from the date of the resignation	Within 30 days from the date of the resignation
Rule 9A of Companies (Prospectus and Allotment of Securities) Rules, 2014	Reconciliation of Share Capital Audit Report (Half-Yearly)	Registrar of Companies	ROC FORM PAS-6	30th May (For Oct-Mar) 29th November (For April-Sep)	Within 60 days from the conclusion of each half year
Section 184	Disclosure of Interest by Director	NA, as the Director concerned, is required to disclose this to the Company	ROC FORM MBP-1	1st Board Meeting and whenever there is a change in the disclosures already made	1st Board Meeting and whenever there is a change in the disclosures already made
Section-12	Notice of Change of the Situation of Registered Office	Registrar of Companies	ROC FORM INC-22	Within 30 days of the change of the address	Within 30 days of the change of the address
Section 179 (3) (g)	Adoption of Financials & Director Report	Registrar of Companies	ROC FORM MGT-14	Within 30 days of the Board Meeting approving the Financial Statement	Within 30 days of the Board Meeting approving the Financial Statement and Board Report
Rule 5 (8) of IEPF Authority (Accounting, Audit, Transfer and Refund) Rules, 2016	Statement of unclaimed and unpaid amounts as specified in section 125	Investor Education and Protection Fund Authority	ROC FORM IEPF-2	Within a period of 60 days after the holding of AGM	Within a period of 60 days after the holding of AGM
Order dated 22 January 2019 issued under Section 405	Return in respect of outstanding payments to Micro or Small Enterprise	Registrar of Companies	ROC FORM MSME-1	31st October (For April-Sep) 30th April (For Oct-Mar)	Within 1 month from the conclusion of each half year
Section 137	Filing of annual accounts	Registrar of Companies	ROC FORM AOC-4/AOC-4 CFS/AOC-4 XBRL	Within 30 days from the date of AGM	30 days from the date of the AGM
Section 92	Filing of annual return	Registrar of Companies	ROC FORM E – Form MGT-7	Within 60 days from the date of the AGM	To be filed within 60 days from the conclusion of AGM
Rule 16 of Companies (Acceptance of Deposits) Rules, 2014	Return of deposit or particulars of transaction not considered as deposit or both	Registrar of Companies	ROC FORM DPT-3	30th June	On or before 30th June  of every year

RJA Services

RJA provides business advice services relating to a set of legislation and statutes that apply to companies at the time of formation and subsequently. We offer the following services:

Certifications and Audit

• Conducting secretarial audits of businesses, as well as audits of depository participants, registrars, and transfer agents. Pre-certification of documents required for company formation and other filings. Implementing corporate governance and performing director liability audits.Corporate governance certificates are provided in accordance with the listing agreement.

Due Diligence Services

• Conducting frequent legal due diligence to ensure compliance and risk management. Conducting due diligence on public concerns. Performing due diligence on investments and purchases. Conducting periodic and targeted legal audits to identify flaws.

Board Evaluation Services

• Perform annual reviews and assessments of board performance. Developing board evaluation policies. Regularly checking board performance. Advising on board and committee composition to achieve corporate goals.

File your XBRL before due date.

Applicability of XBRL:

• All public companies listed on the stock exchange in India and their Indian subsidiaries.
• All businesses who have a turnover of Rs 100 crores or exceed.
• All companies who possess a paid-up capital of Rs 5 crores or exceed it.

The businesses are urged to build the financial statements as per the norms of Companies ( Indian Accounting standards) rules, 2015.  Last date is 29th October, 2024.